Dorel Industries (TSE:DII.A) Share Price Crosses Below 50 Day Moving Average of $6.45

Dorel Industries Inc (TSE:DII.AGet Free Report)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$6.45 and traded as low as C$6.05. Dorel Industries shares last traded at C$6.05, with a volume of 500 shares trading hands.

Dorel Industries Price Performance

The stock’s 50 day moving average is C$6.43. The company has a debt-to-equity ratio of 194.33, a current ratio of 1.48 and a quick ratio of 0.64. The stock has a market cap of C$25.05 million, a P/E ratio of -2.97 and a beta of 3.16.

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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