Dorel Industries (TSE:DII.A) Stock Price Down 4.5% – Should You Sell?

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

Dorel Industries Price Performance

The business has a 50 day moving average of C$1.81 and a 200 day moving average of C$2.06. The company has a market cap of C$58.86 million, a PE ratio of -0.39 and a beta of 1.48. The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64.

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

Dorel Industries Company Profile

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.