Dorel Industries (TSE:DII.A) Stock Passes Below 50-Day Moving Average – Time to Sell?

Shares of Dorel Industries Inc (TSE:DII.AGet Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$2.11 and traded as low as C$1.61. Dorel Industries shares last traded at C$2.79, with a volume of 6,215 shares traded.

Dorel Industries Stock Up 39.5%

The firm has a 50-day moving average of C$2.11 and a two-hundred day moving average of C$2.03. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70. The firm has a market capitalization of C$91.14 million, a PE ratio of -0.48 and a beta of 1.39.

About Dorel Industries

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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.

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