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Dorel Industries (OTCMKTS:DIIBF) Stock Crosses Below 50-Day Moving Average of $5.03

Dorel Industries logo with Consumer Discretionary background

Dorel Industries Inc. (OTCMKTS:DIIBF - Get Free Report)'s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.03 and traded as low as $4.95. Dorel Industries shares last traded at $4.97, with a volume of 83,015 shares changing hands.

Dorel Industries Trading Up 0.3 %

The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.65 and a current ratio of 1.48. The company has a 50 day simple moving average of $5.03 and a two-hundred day simple moving average of $4.77. The company has a market cap of $162.22 million, a PE ratio of -3.34 and a beta of 2.75.

Dorel Industries (OTCMKTS:DIIBF - Get Free Report) last announced its quarterly earnings results on Friday, August 9th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.28). The firm had revenue of $348.08 million during the quarter. Dorel Industries had a negative net margin of 3.44% and a negative return on equity of 19.59%.

About Dorel Industries

(Get Free Report)

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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