Dorel Industries (TSE:DII.A) Trading Down 12.7% – Time to Sell?

Dorel Industries Inc (TSE:DII.A)’s stock price fell 12.7% during mid-day trading on Tuesday . The company traded as low as C$1.65 and last traded at C$1.65. 1,000 shares were traded during trading, a decline of 31% from the average session volume of 1,440 shares. The stock had previously closed at C$1.89.

Dorel Industries Stock Down 12.7%

The firm has a market cap of C$57.12 million, a price-to-earnings ratio of -0.38 and a beta of 1.41. The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64. The stock has a 50-day moving average of C$2.04 and a 200-day moving average of C$2.28.

Dorel Industries Company Profile

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.