Dorel Industries (TSE:DII.B) Shares Cross Above Two Hundred Day Moving Average of $6.02

Shares of Dorel Industries Inc (TSE:DII.BGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$6.02 and traded as high as C$6.10. Dorel Industries shares last traded at C$5.91, with a volume of 9,891 shares trading hands.

Dorel Industries Price Performance

The firm has a market cap of C$167.96 million, a PE ratio of -2.27, a P/E/G ratio of -0.11 and a beta of 3.14. The firm’s fifty day simple moving average is C$6.23 and its two-hundred day simple moving average is C$6.02. The company has a quick ratio of 0.64, a current ratio of 1.44 and a debt-to-equity ratio of 174.88.

Dorel Industries Company Profile

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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.

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