Separately, TD Securities lowered shares of Dorel Industries from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd.
Shares of DIIBF stock traded up $0.13 during mid-day trading on Tuesday, hitting $4.06. 23,317 shares of the stock traded hands, compared to its average volume of 5,779. The stock has a market cap of $125.88 million, a P/E ratio of 3.80 and a beta of 0.84. The stock’s fifty day moving average is $5.50 and its two-hundred day moving average is $7.35. Dorel Industries has a 52-week low of $3.52 and a 52-week high of $17.20. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.02 and a quick ratio of 0.42.
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.
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