Dorel Industries (TSE:DII.A) Stock Price Passes Above 50 Day Moving Average of $6.18

Dorel Industries Inc (TSE:DII.AGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$6.18 and traded as high as C$6.80. Dorel Industries shares last traded at C$6.80, with a volume of 400 shares traded.

Dorel Industries Stock Performance

The firm has a market capitalization of C$28.15 million, a P/E ratio of -2.63 and a beta of 3.11. The company has a current ratio of 1.44, a quick ratio of 0.64 and a debt-to-equity ratio of 174.88. The stock’s 50 day moving average price is C$6.18.

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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