Dorel Industries Inc. (TSE:DII.B - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.54 and traded as high as C$1.63. Dorel Industries shares last traded at C$1.60, with a volume of 44,400 shares.
Analyst Ratings Changes
Several analysts have weighed in on the stock. BMO Capital Markets decreased their price objective on shares of Dorel Industries from C$2.25 to C$1.50 and set a "market perform" rating on the stock in a research note on Tuesday, August 12th. TD Securities decreased their price objective on shares of Dorel Industries from C$1.25 to C$1.00 and set a "sell" rating on the stock in a research note on Tuesday, August 12th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Dorel Industries presently has a consensus rating of "Reduce" and a consensus target price of C$1.25.
Check Out Our Latest Analysis on Dorel Industries
Dorel Industries Price Performance
The company's fifty day moving average is C$1.37 and its two-hundred day moving average is C$1.54. The firm has a market capitalization of C$52.27 million, a price-to-earnings ratio of -0.32, a price-to-earnings-growth ratio of -0.11 and a beta of 1.23. The company has a quick ratio of 0.64, a current ratio of 1.45 and a debt-to-equity ratio of 287.70.
Dorel Industries Company Profile
(
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Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.
Further Reading
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