Dorel Industries (TSE:DII.B) Cut to "Hold" at TD Securities

TD Securities cut shares of Dorel Industries (TSE:DII.B - Free Report) from a buy rating to a hold rating in a research note published on Friday,BayStreet.CA reports. They currently have C$4.50 price objective on the stock, down from their prior price objective of C$12.00.

Dorel Industries Stock Performance

DII.B traded down C$0.26 during trading on Friday, reaching C$4.15. 53,500 shares of the company's stock were exchanged, compared to its average volume of 12,939. The company has a market capitalization of C$117.94 million, a P/E ratio of -1.06, a PEG ratio of -0.11 and a beta of 3.06. The company has a quick ratio of 0.64, a current ratio of 1.45 and a debt-to-equity ratio of 287.70. The business has a 50 day moving average price of C$5.68 and a 200 day moving average price of C$6.32. Dorel Industries has a fifty-two week low of C$4.02 and a fifty-two week high of C$7.69.

Dorel Industries Company Profile

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.