Dorel Industries (OTCMKTS:DIIBF) Downgraded to “Hold” Rating by TD Securities

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

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

Dorel Industries Stock Down 0.7 %

OTCMKTS:DIIBF opened at $2.80 on Monday. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.45 and a quick ratio of 0.67. Dorel Industries has a one year low of $2.75 and a one year high of $5.53. The firm’s 50 day simple moving average is $4.11 and its 200 day simple moving average is $4.63. The company has a market cap of $91.13 million, a PE ratio of -0.89 and a beta of 2.77.

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.