Dorel Industries (TSE:DII.B) Shares Cross Above 200-Day Moving Average of $6.01

Dorel Industries Inc (TSE:DII.B) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.01 and traded as high as C$6.43. Dorel Industries shares last traded at C$6.33, with a volume of 977 shares changing hands.

Dorel Industries Price Performance

The stock has a market capitalization of C$179.90 million, a P/E ratio of -2.43, a PEG ratio of -0.11 and a beta of 3.14. The company has a current ratio of 1.44, a quick ratio of 0.64 and a debt-to-equity ratio of 174.88. The company has a fifty day simple moving average of C$6.17 and a two-hundred day simple moving average of C$6.01.

Dorel Industries Company Profile

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.