Dorel Industries (OTCMKTS:DIIBF) Upgraded by BMO Capital Markets to Hold Rating

BMO Capital Markets upgraded shares of Dorel Industries (OTCMKTS:DIIBF) to a hold rating in a research report released on Monday,Zacks.com reports.

Dorel Industries Trading Down 0.7 %

OTCMKTS DIIBF opened at $2.80 on Monday. Dorel Industries has a 52 week low of $2.75 and a 52 week high of $5.53. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.67 and a current ratio of 1.45. The stock’s 50 day moving average price is $4.11 and its two-hundred day moving average price is $4.63. The stock has a market capitalization of $91.13 million, a price-to-earnings ratio of -0.89 and a beta of 2.77.

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.