Dorel Industries (OTCMKTS:DIIBF) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Dorel Industries Inc. (OTCMKTS:DIIBF) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $1.29 and traded as low as $1.18. Dorel Industries shares last traded at $1.18, with a volume of 5,117 shares traded.

Dorel Industries Trading Down 3.1%

The company has a fifty day moving average of $1.29 and a 200-day moving average of $1.19. The stock has a market cap of $37.38 million, a PE ratio of -0.20 and a beta of 1.80.

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.