Dorel Industries (TSE:DII.A) Stock Passes Above 50-Day Moving Average of $6.29

Dorel Industries Inc (TSE:DII.AGet Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$6.29 and traded as high as C$6.40. Dorel Industries shares last traded at C$6.40, with a volume of 100 shares trading hands.

Dorel Industries Stock Down 12.3 %

The stock’s 50 day moving average price is C$6.29. The firm has a market capitalization of C$26.50 million, a price-to-earnings ratio of -2.43 and a beta of 3.14. The company has a quick ratio of 0.64, a current ratio of 1.44 and a debt-to-equity ratio of 174.88.

Dorel Industries Company Profile

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Dorel Industries Inc designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings, including metal folding furniture, children's furniture, step stool, hand truck, ladder, outdoor furniture, and other imported furniture and futon products.

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