Dorel Industries Inc. (OTCMKTS:DIIBF – Get Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.24 and traded as low as $1.1397. Dorel Industries shares last traded at $1.1397, with a volume of 26,768 shares trading hands.
Dorel Industries Stock Up 6.5%
The stock has a market cap of $39.51 million, a P/E ratio of -0.26 and a beta of 1.61. The firm’s 50-day moving average is $1.24 and its two-hundred day moving average is $1.24.
Dorel Industries (OTCMKTS:DIIBF – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.58) by ($0.07). The company had revenue of $267.84 million for the quarter, compared to analysts’ expectations of $299.70 million.
About Dorel Industries
Dorel Industries Inc is a publicly traded Canadian company engaged in the design, manufacture and distribution of consumer products across two core segments. Headquartered in Montreal, Quebec, Dorel serves retailers and end consumers in North America, Europe and select markets in Asia and Latin America. The company markets globally recognized brands and maintains an integrated supply chain encompassing product development, manufacturing and distribution.
The Dorel Juvenile segment produces a wide range of baby and children’s products, including car seats, strollers, high chairs, play yards and nursery furniture.
Featured Articles
- Five stocks we like better than Dorel Industries
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for Dorel Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorel Industries and related companies with MarketBeat.com's FREE daily email newsletter.
