Dorel Industries (TSE:DII.A) Shares Down 3.3% – Should You Sell?

Dorel Industries Inc (TSE:DII.A)’s share price traded down 3.3% during mid-day trading on Thursday. The company traded as low as C$1.45 and last traded at C$1.45. 100 shares were traded during trading, a decline of 89% from the average daily volume of 907 shares. The stock had previously closed at C$1.50.

Dorel Industries Stock Performance

The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64. The firm has a fifty day simple moving average of C$1.57 and a 200 day simple moving average of C$1.72. The company has a market cap of C$49.93 million, a price-to-earnings ratio of -0.35 and a beta of 1.48.

Dorel Industries (TSE:DII.A) last released its quarterly earnings results on Wednesday, August 5th. The company reported C($0.97) EPS for the quarter. The firm had revenue of C$354.48 million during the quarter. Dorel Industries had a negative net margin of 6.47% and a negative return on equity of 48.11%. On average, sell-side analysts expect that Dorel Industries Inc will post 0.69 earnings per share for the current fiscal 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.