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

Dorel Industries Inc (TSE:DII.AGet Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$6.21 and traded as low as C$5.65. Dorel Industries shares last traded at C$5.65, with a volume of 100 shares traded.

Dorel Industries Price Performance

The business’s fifty day simple moving average is C$6.20. The stock has a market capitalization of C$23.39 million, a P/E ratio of -1.47 and a beta of 3.06. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70.

Dorel Industries Company Profile

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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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