Dorel Industries (TSE:DII.B) Lowered to Hold Rating by TD Securities

TD Securities lowered shares of Dorel Industries (TSE:DII.B) from a buy rating to a hold rating in a research report report published on Friday,BayStreet.CA reports. TD Securities currently has C$4.50 price target on the stock, down from their prior price target of C$12.00.

Dorel Industries Stock Performance

DII.B opened at C$3.98 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70. Dorel Industries has a 1-year low of C$3.90 and a 1-year high of C$7.69. The company has a market cap of C$113.11 million, a price-to-earnings ratio of -1.02, a PEG ratio of -0.11 and a beta of 3.06. The company’s fifty day moving average price is C$5.64 and its two-hundred day moving average price is C$6.30.

Dorel Industries Company Profile

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.