Dorel Industries (TSE:DII.B) Share Price Passes Above Two Hundred Day Moving Average of $6.01

Dorel Industries Inc (TSE:DII.B)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.01 and traded as high as C$6.43. Dorel Industries shares last traded at C$6.33, with a volume of 977 shares.

Dorel Industries Trading Up 6.8 %

The company has a market cap of C$174.78 million, a price-to-earnings ratio of -2.37, a price-to-earnings-growth ratio of -0.11 and a beta of 3.14. The business’s fifty day moving average price is C$6.14 and its 200 day moving average price is C$6.01. The company has a debt-to-equity ratio of 174.88, a current ratio of 1.44 and a quick ratio of 0.64.

About Dorel Industries

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.