Dorel Industries (OTCMKTS:DIIBF) Shares Down 1.2%

Dorel Industries (OTCMKTS:DIIBF) Shares Down 1.2%

Dorel Industries Inc (OTCMKTS:DIIBF) shares fell 1.2% on Tuesday . The stock traded as low as $8.36 and last traded at $8.36, 501 shares traded hands during mid-day trading. A decline of 75% from the average session volume of 1,969 shares. The stock had previously closed at $8.46.

The firm has a market cap of $271.13 million, a P/E ratio of 6.93 and a beta of 0.86. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.02 and a quick ratio of 0.46. The firm has a fifty day moving average of $8.16.

Dorel Industries (OTCMKTS:DIIBF) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.23). Dorel Industries had a negative net margin of 17.57% and a positive return on equity of 4.96%. The firm had revenue of $625.56 million during the quarter.

Dorel Industries Company Profile (OTCMKTS:DIIBF)

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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