Dorel Industries (OTCMKTS:DIIBF) Rating Lowered to Hold at TD Securities

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

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

Dorel Industries Trading Up 0.4 %

OTCMKTS:DIIBF opened at $2.86 on Monday. The company has a current ratio of 1.45, a quick ratio of 0.67 and a debt-to-equity ratio of 1.69. Dorel Industries has a 12 month low of $2.75 and a 12 month high of $5.53. The company has a market cap of $93.17 million, a PE ratio of -0.91 and a beta of 2.77. The company has a 50 day simple moving average of $4.03 and a two-hundred day simple moving average of $4.61.

Dorel Industries Company Profile

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.