Dorel Industries (TSE:DII.A) Trading Down 4.5% – What’s Next?

Dorel Industries Inc (TSE:DII.A)’s stock price fell 4.5% during mid-day trading on Friday . The company traded as low as C$1.70 and last traded at C$1.70. 100 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 1,097 shares. The stock had previously closed at C$1.78.

Dorel Industries Stock Down 4.5%

The firm has a fifty day simple moving average of C$1.81 and a 200 day simple moving average of C$2.06. 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 company has a market cap of C$58.86 million, a PE ratio of -0.39 and a beta of 1.48.

Dorel Industries (TSE:DII.A) last announced its quarterly earnings data on Thursday, May 7th. The company reported C($0.90) earnings per share for the quarter. Dorel Industries had a negative return on equity of 48.11% and a negative net margin of 6.47%.The company had revenue of C$372.38 million for the quarter. Equities research analysts predict that Dorel Industries Inc will post 0.6941032 EPS for the current year.

About Dorel Industries

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.