Shares of Dorel Industries Inc. (OTCMKTS:DIIBF - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $2.84 and traded as low as $1.62. Dorel Industries shares last traded at $1.62, with a volume of 1,100 shares trading hands.
Dorel Industries Trading Up 7.8 %
The company has a quick ratio of 0.46, a current ratio of 0.94 and a debt-to-equity ratio of 0.28. The company's 50 day moving average price is $2.73 and its two-hundred day moving average price is $3.24. The firm has a market cap of $49.54 million, a PE ratio of -0.48 and a beta of 2.66.
Dorel Industries (OTCMKTS:DIIBF - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported ($1.82) earnings per share for the quarter, missing analysts' consensus estimates of ($0.24) by ($1.58). The firm had revenue of $326.85 million during the quarter, compared to analysts' expectations of $352.00 million. Dorel Industries had a negative return on equity of 29.17% and a negative net margin of 7.32%.
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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