Dorel Industries Inc (TSE:DII.A – Get Free Report)’s share price rose 10.8% on Wednesday . The stock traded as high as C$4.00 and last traded at C$4.00. Approximately 200 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 453 shares. The stock had previously closed at C$3.61.
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 market capitalization of C$16.56 million, a P/E ratio of -1.04 and a beta of 3.06. The company’s 50 day simple moving average is C$5.46.
About Dorel Industries
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.
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