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

Dorel Industries Inc (TSE:DII.AGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$5.22 and traded as high as C$5.45. Dorel Industries shares last traded at C$5.00, with a volume of 567 shares changing hands.

Dorel Industries Price Performance

The company has a market cap of C$20.70 million, a price-to-earnings ratio of -1.30 and a beta of 3.06. The stock’s fifty day simple moving average is C$5.18. The company has a debt-to-equity ratio of 287.70, a current ratio of 1.45 and a quick ratio of 0.64.

About Dorel Industries

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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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