Dorel Industries Inc. (OTCMKTS:DIIBF - Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.04 and traded as low as $1.57. Dorel Industries shares last traded at $1.57, with a volume of 4,237 shares traded.
Dorel Industries Price Performance
The firm's 50-day moving average is $2.95 and its two-hundred day moving average is $3.39. The company has a market cap of $55.56 million, a P/E ratio of -0.54 and a beta of 2.66. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.94 and a quick ratio of 0.46.
Dorel Industries (OTCMKTS:DIIBF - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported ($1.82) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($1.58). Dorel Industries had a negative return on equity of 29.17% and a negative net margin of 7.32%. The business had revenue of $326.85 million during the quarter, compared to the consensus estimate of $352.00 million.
About Dorel Industries
(
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Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.
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