Dorel Industries (TSE:DII.B) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Dorel Industries Inc. (TSE:DII.B)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.64 and traded as high as C$1.80. Dorel Industries shares last traded at C$1.75, with a volume of 4,501 shares.

Dorel Industries Stock Up 0.6%

The stock’s fifty day moving average price is C$1.78 and its 200-day moving average price is C$1.64. The company has a quick ratio of 0.64, a current ratio of 1.45 and a debt-to-equity ratio of 287.70. The company has a market capitalization of C$57.17 million, a price-to-earnings ratio of -0.30, a P/E/G ratio of -0.11 and a beta of 1.66.

About Dorel Industries

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. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children’s accessories which include infant car seats, strollers, high chairs, and infant health and safety aids.