Dorel Industries (TSE:DII.B) Stock Price Crosses Above 200 Day Moving Average of $6.02

Dorel Industries Inc (TSE:DII.B) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$6.02 and traded as high as C$6.21. Dorel Industries shares last traded at C$6.11, with a volume of 46,495 shares traded.

Dorel Industries Price Performance

The company has a debt-to-equity ratio of 174.88, a current ratio of 1.44 and a quick ratio of 0.64. The company’s 50-day simple moving average is C$6.15 and its 200-day simple moving average is C$6.02. The stock has a market capitalization of C$173.65 million, a P/E ratio of -2.35, a price-to-earnings-growth ratio of -0.11 and a beta of 3.14.

Dorel Industries Company Profile

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.