Dorel Industries (TSE:DII.A) Shares Cross Above Fifty Day Moving Average – What’s Next?

Dorel Industries Inc (TSE:DII.AGet Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.98 and traded as high as C$2.50. Dorel Industries shares last traded at C$2.50, with a volume of 100 shares changing hands.

Dorel Industries Price Performance

The company has a market capitalization of C$81.67 million, a PE ratio of -0.49 and a beta of 1.22. The business’s 50 day simple moving average is C$1.98 and its 200 day simple moving average is C$2.13. The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64.

About Dorel Industries

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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.

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