Dorel Industries Inc. (OTCMKTS:DIIBF) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Thursday.

Shares of Dorel Industries (OTCMKTS:DIIBF) opened at $24.34 on Thursday. Dorel Industries has a 52 week low of $22.73 and a 52 week high of $30.80. The company has a market capitalization of $784.62, a price-to-earnings ratio of 13.84 and a beta of 1.34. The company has a quick ratio of 0.88, a current ratio of 1.91 and a debt-to-equity ratio of 0.40.

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Dorel Industries Company Profile

Dorel Industries Inc is a Canada-based global consumer products company which designs, manufactures and distributes a portfolio of product brands. The Company markets its products in the United States, Europe, Latin America, Canada, and Asia. The Company operates through three segments: Dorel Juvenile, Dorel Sports and Dorel Home Furnishings.

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