Dorel Industries (OTCMKTS:DIIBF) Stock Passes Below 50-Day Moving Average of $4.58

Shares of Dorel Industries Inc. (OTCMKTS:DIIBF) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.58 and traded as low as $4.41. Dorel Industries shares last traded at $4.41, with a volume of 1,024 shares changing hands.

Dorel Industries Stock Up 2.4 %

The stock has a 50-day moving average of $4.58 and a 200 day moving average of $4.46. The company has a quick ratio of 0.60, a current ratio of 1.44 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $143.70 million, a PE ratio of -2.30 and a beta of 2.63.

Dorel Industries (OTCMKTS:DIIBF) last announced its earnings results on Monday, March 11th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $350.68 million during the quarter. Dorel Industries had a negative return on equity of 24.87% and a negative net margin of 4.49%.

Dorel Industries Company Profile

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.