Dorel Industries (TSE:DII.A) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Dorel Industries Inc (TSE:DII.AGet Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.73 and traded as high as C$2.50. Dorel Industries shares last traded at C$2.50, with a volume of 599 shares.

Dorel Industries Price Performance

The company has a debt-to-equity ratio of 287.70, a quick ratio of 0.64 and a current ratio of 1.45. The firm’s fifty day moving average is C$1.73. The company has a market cap of C$81.67 million, a P/E ratio of -0.49 and a beta of 1.22.

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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