Dorel Industries (TSE:DII.A) Shares Down 3.3% – Should You Sell?

Dorel Industries Inc (TSE:DII.A – Get Free Report) shares were down 3.3% during trading on Thursday. The company traded as low as C$1.45 and last traded at C$1.45. Approximately 100 shares were traded during trading, a decline of 89% from the average daily volume of 907 shares. The stock had previously closed at C$1.50.

Dorel Industries Stock Performance

The company has a debt-to-equity ratio of 287.70, a quick ratio of 0.64 and a current ratio of 1.45. The firm has a 50 day moving average price of C$1.57 and a two-hundred day moving average price of C$1.72. The company has a market capitalization of C$49.93 million, a P/E ratio of -0.35 and a beta of 1.48.

Dorel Industries (TSE:DII.A – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported C($0.97) earnings per share (EPS) for the quarter. Dorel Industries had a negative return on equity of 48.11% and a negative net margin of 6.47%. The firm had revenue of C$354.48 million for the quarter. On average, research analysts expect that Dorel Industries Inc will post 0.69 earnings per share for the current fiscal year.

About Dorel Industries

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Dorel Industries Inc (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products. Dorel’s strength lies in the diversity, innovation, and quality of its products, as well as the superiority of its brands. Dorel Juvenile’s powerfully branded products include global brands Maxi-Cosi ®, Safety 1st¿, and Tiny Love ®, complemented by regional brands such as BebeConfort ®, Cosco Kids ®, Mother’s Choice, and Infanti ®. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture.

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