Dorel Industries (TSE:DII.A) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Dorel Industries Inc (TSE:DII.AGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$2.27 and traded as high as C$4.00. Dorel Industries shares last traded at C$4.00, with a volume of 100 shares traded.

Dorel Industries Stock Up 60.0%

The firm has a market cap of C$130.67 million, a P/E ratio of -0.79 and a beta of 1.23. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70. The business has a 50-day moving average price of C$2.37 and a 200-day moving average price of C$2.15.

Dorel Industries Company Profile

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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.

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