Dorel Industries (OTCMKTS:DIIBF) Stock Price Up 4.7% – Time to Buy?

Dorel Industries Inc. (OTCMKTS:DIIBF)’s share price traded up 4.7% on Friday . The company traded as high as $1.33 and last traded at $1.33. 1,632 shares were traded during mid-day trading, a decline of 90% from the average session volume of 16,189 shares. The stock had previously closed at $1.27.

Dorel Industries Stock Performance

The stock has a market cap of $43.44 million, a PE ratio of -0.23 and a beta of 1.79. The company has a 50 day moving average of $1.14 and a two-hundred day moving average of $1.13.

Dorel Industries (OTCMKTS:DIIBF) last issued its quarterly earnings data on Friday, November 7th. The company reported ($0.91) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.54). The business had revenue of $298.57 million during the quarter, compared to analyst estimates of $294.80 million. Dorel Industries had a negative net margin of 15.40% and a negative return on equity of 299.25%.

Dorel Industries Company Profile

Dorel Industries Inc is a publicly traded Canadian company engaged in the design, manufacture and distribution of consumer products across two core segments. Headquartered in Montreal, Quebec, Dorel serves retailers and end consumers in North America, Europe and select markets in Asia and Latin America. The company markets globally recognized brands and maintains an integrated supply chain encompassing product development, manufacturing and distribution.

The Dorel Juvenile segment produces a wide range of baby and children’s products, including car seats, strollers, high chairs, play yards and nursery furniture.