Dorel Industries (TSE:DII.B) Posts Earnings Results

Dorel Industries (TSE:DII.B) posted its quarterly earnings data on Tuesday. The company reported C($0.48) earnings per share for the quarter, FiscalAI reports. Dorel Industries had a negative net margin of 6.47% and a negative return on equity of 48.11%. The company had revenue of C$361.20 million for the quarter.

Dorel Industries Stock Up 9.1%

DII.B opened at C$1.80 on Wednesday. The business’s fifty day simple moving average is C$1.84 and its 200 day simple moving average is C$1.68. Dorel Industries has a 52 week low of C$1.15 and a 52 week high of C$3.90. The company has a quick ratio of 0.64, a current ratio of 1.45 and a debt-to-equity ratio of 287.70. The stock has a market cap of C$58.80 million, a PE ratio of -0.31, a P/E/G ratio of -0.11 and a beta of 0.86.

About Dorel Industries

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. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children’s accessories which include infant car seats, strollers, high chairs, and infant health and safety aids.