Dorel Industries (TSE:DII.B – Get Free Report) had its price objective decreased by stock analysts at TD from C$2.00 to C$1.50 in a report released on Friday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD’s price objective points to a potential downside of 6.25% from the company’s current price.
Dorel Industries Trading Up 15.9%
TSE DII.B traded up C$0.22 during mid-day trading on Friday, reaching C$1.60. 174,027 shares of the stock were exchanged, compared to its average volume of 21,846. Dorel Industries has a 1-year low of C$1.10 and a 1-year high of C$2.40. The business’s fifty day simple moving average is C$1.59 and its 200 day simple moving average is C$1.69. The stock has a market capitalization of C$55.39 million, a PE ratio of -0.37, a PEG ratio of -0.11 and a beta of 0.72. The company has a debt-to-equity ratio of 287.70, a quick ratio of 0.64 and a current ratio of 1.45.
Dorel Industries (TSE:DII.B – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported C($0.90) earnings per share for the quarter. Dorel Industries had a negative net margin of 6.47% and a negative return on equity of 48.11%. The business had revenue of C$372.38 million during the quarter. On average, research analysts anticipate that Dorel Industries will post 0.7015306 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.
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