BMO Capital Markets Upgrades Dorel Industries (OTCMKTS:DIIBF) to Hold

BMO Capital Markets upgraded shares of Dorel Industries (OTCMKTS:DIIBF) to a hold rating in a research note released on Monday,Zacks.com reports.

Dorel Industries Stock Performance

Shares of OTCMKTS:DIIBF opened at $2.80 on Monday. The company has a quick ratio of 0.67, a current ratio of 1.45 and a debt-to-equity ratio of 1.69. Dorel Industries has a 52-week low of $2.75 and a 52-week high of $5.53. The stock has a market cap of $91.13 million, a price-to-earnings ratio of -0.89 and a beta of 2.77. The business has a 50-day moving average price of $4.07 and a 200-day moving average price of $4.62.

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.