Dorel Industries (OTCMKTS:DIIBF) Announces Quarterly Earnings Results, Misses Expectations By $0.54 EPS

Dorel Industries (OTCMKTS:DIIBF) released its quarterly earnings data on Friday. The company reported ($0.91) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.54), Zacks reports. Dorel Industries had a negative net margin of 12.76% and a negative return on equity of 299.25%.

Dorel Industries Stock Down 0.5%

Shares of OTCMKTS:DIIBF traded down $0.01 during trading on Friday, reaching $1.03. 1,602 shares of the stock traded hands, compared to its average volume of 7,947. The stock has a market cap of $33.65 million, a P/E ratio of -0.20 and a beta of 1.69. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.35 and a current ratio of 0.81. The stock has a 50-day moving average of $1.19 and a two-hundred day moving average of $1.12. Dorel Industries has a 52-week low of $0.83 and a 52-week high of $4.06.

Dorel Industries Company Profile

Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.