Dorel Industries (TSE:DII.B) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Shares of Dorel Industries Inc. (TSE:DII.B) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.64 and traded as high as C$1.80. Dorel Industries shares last traded at C$1.75, with a volume of 4,501 shares traded.

Dorel Industries Stock Performance

The company’s 50-day simple moving average is C$1.78 and its 200 day simple moving average is C$1.64. The stock has a market cap of C$58.15 million, a P/E ratio of -0.30, a PEG ratio of -0.11 and a beta of 1.66. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70.

Dorel Industries Company Profile

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. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children’s accessories which include infant car seats, strollers, high chairs, and infant health and safety aids.