Dorel Industries (OTCMKTS:DIIBF) Stock Price Passes Below Fifty Day Moving Average of $4.60

Shares of Dorel Industries Inc. (OTCMKTS:DIIBF) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.60 and traded as low as $4.26. Dorel Industries shares last traded at $4.32, with a volume of 6,036 shares.

Dorel Industries Trading Down 3.4 %

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 business’s fifty day simple moving average is $4.60 and its two-hundred day simple moving average is $4.47. The company has a market cap of $140.60 million, a price-to-earnings ratio of -2.25 and a beta of 2.63.

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

About Dorel Industries

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.