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

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

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

Dorel Industries Price Performance

DIIBF stock opened at $2.80 on Monday. The business has a 50 day moving average of $4.07 and a 200 day moving average of $4.62. The firm has a market cap of $91.13 million, a PE ratio of -0.89 and a beta of 2.77. Dorel Industries has a twelve month low of $2.75 and a twelve month high of $5.53. The company has a quick ratio of 0.67, a current ratio of 1.45 and a debt-to-equity ratio of 1.69.

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.