Dorel Industries (TSE:DII.B) Trading Up 0.5% - What's Next?

Dorel Industries Inc. (TSE:DII.B - Get Free Report) shares traded up 0.5% during trading on Friday . The company traded as high as C$4.32 and last traded at C$4.26. 2,800 shares changed hands during trading, a decline of 78% from the average session volume of 12,935 shares. The stock had previously closed at C$4.24.

Analysts Set New Price Targets

A number of research firms recently issued reports on DII.B. BMO Capital Markets reduced their price objective on Dorel Industries from C$7.00 to C$5.00 in a research report on Friday, November 15th. TD Securities cut Dorel Industries from a "buy" rating to a "hold" rating and lowered their price target for the company from C$12.00 to C$4.50 in a research note on Friday, November 15th.

Dorel Industries Trading Up 0.5 %

The company has a market capitalization of C$121.07 million, a P/E ratio of -1.09, a P/E/G ratio of -0.11 and a beta of 3.06. The company has a 50-day simple moving average of C$5.07 and a 200 day simple moving average of C$6.13. The company has a debt-to-equity ratio of 287.70, a quick ratio of 0.64 and a current ratio of 1.45.

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.