Dorel Industries (OTCMKTS:DIIBF) Stock Rating Lowered by TD Securities

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

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

Dorel Industries Stock Up 0.4 %

Shares of OTCMKTS DIIBF opened at $2.86 on Monday. The firm’s 50-day moving average price is $4.03 and its 200-day moving average price is $4.61. The company has a current ratio of 1.45, a quick ratio of 0.67 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $93.17 million, a price-to-earnings ratio of -0.91 and a beta of 2.77. Dorel Industries has a 12-month low of $2.75 and a 12-month high of $5.53.

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.