Dorel Industries (OTCMKTS:DIIBF) Stock Price Passes Below 50 Day Moving Average of $4.60

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Dorel Industries Inc. (OTCMKTS:DIIBF - Get Free Report)'s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.60 and traded as low as $4.26. Dorel Industries shares last traded at $4.32, with a volume of 6,036 shares trading hands.

Dorel Industries Stock Up 0.6 %

The firm's 50-day simple moving average is $4.61 and its 200 day simple moving average is $4.47. The company has a market cap of $141.49 million, a P/E ratio of -2.26 and a beta of 2.66. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.60 and a current ratio of 1.44.

Dorel Industries (OTCMKTS:DIIBF - Get Free Report) last released its quarterly earnings data on Monday, March 11th. The company reported $0.01 EPS for the quarter. Dorel Industries had a negative net margin of 4.49% and a negative return on equity of 24.87%. The business had revenue of $350.68 million during the quarter.

Dorel Industries Company Profile

(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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