TD Securities Lowers Dorel Industries (OTCMKTS:DIIBF) Price Target to C$10.00

Dorel Industries (OTCMKTS:DIIBFGet Rating) had its price objective reduced by TD Securities from C$11.50 to C$10.00 in a report issued on Wednesday, The Fly reports.

Dorel Industries Stock Performance

Dorel Industries stock opened at $3.03 on Wednesday. The stock has a 50-day simple moving average of $3.87 and a 200 day simple moving average of $3.97. The company has a quick ratio of 0.72, a current ratio of 1.90 and a debt-to-equity ratio of 0.75. Dorel Industries has a 12-month low of $3.00 and a 12-month high of $8.02. The stock has a market capitalization of $98.60 million, a price-to-earnings ratio of 0.76 and a beta of 2.58.

About Dorel Industries

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Dorel Industries, Inc engages in the design, manufacture, and distribution of home products. It operates through the Dorel Home and Dorel Juvenile segments. The Dorel Home segment focuses on the design, sourcing, and sale of ready-to-assemble furniture and home furnishings, which includes metal folding furniture, futons, step stools, ladders, and other imported furniture items.

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