Dorel Industries (OTCMKTS:DIIBF) Lowered to “Hold” Rating by TD Securities

TD Securities lowered shares of Dorel Industries (OTCMKTS:DIIBF) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

Separately, BMO Capital Markets upgraded shares of Dorel Industries to a “hold” rating in a research note on Monday.

Dorel Industries Price Performance

Shares of DIIBF stock opened at $2.80 on Monday. The business has a fifty day simple moving average of $4.11 and a 200 day simple moving average of $4.63. The company has a market cap of $91.13 million, a P/E ratio of -0.89 and a beta of 2.77. The company has a quick ratio of 0.67, a current ratio of 1.45 and a debt-to-equity ratio of 1.69. Dorel Industries has a twelve month low of $2.75 and a twelve month high of $5.53.

About Dorel Industries

Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.