Dorel Industries (TSE:DII.A) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Dorel Industries Inc (TSE:DII.AGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$5.15 and traded as high as C$5.45. Dorel Industries shares last traded at C$5.45, with a volume of 200 shares traded.

Dorel Industries Stock Performance

The firm has a market cap of C$22.56 million, a P/E ratio of -1.42 and a beta of 3.06. The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64. The business’s 50-day moving average price is C$5.11.

Dorel Industries Company Profile

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Dorel Industries Inc designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings, including metal folding furniture, children's furniture, step stool, hand truck, ladder, outdoor furniture, and other imported furniture and futon products.

Further Reading

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