Dorel Industries (OTCMKTS:DIIBF) Issues Earnings Results, Misses Expectations By $0.07 EPS

Dorel Industries (OTCMKTS:DIIBF) posted its earnings results on Thursday. The company reported ($0.65) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.58) by ($0.07), Zacks reports.

Dorel Industries Trading Down 1.6%

OTCMKTS DIIBF traded down $0.02 on Thursday, reaching $1.21. The company’s stock had a trading volume of 1,301 shares, compared to its average volume of 4,265. The firm has a market cap of $41.95 million, a PE ratio of -0.28 and a beta of 1.61. The business has a 50-day moving average price of $1.25 and a 200 day moving average price of $1.25. Dorel Industries has a 52 week low of $0.83 and a 52 week high of $1.76.

About Dorel Industries

Dorel Industries Inc is a publicly traded Canadian company engaged in the design, manufacture and distribution of consumer products across two core segments. Headquartered in Montreal, Quebec, Dorel serves retailers and end consumers in North America, Europe and select markets in Asia and Latin America. The company markets globally recognized brands and maintains an integrated supply chain encompassing product development, manufacturing and distribution.

The Dorel Juvenile segment produces a wide range of baby and children’s products, including car seats, strollers, high chairs, play yards and nursery furniture.