Dorel Industries Inc. (OTCMKTS:DIIBF – Get Rating) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 1,193,200 shares, an increase of 59.2% from the December 31st total of 749,700 shares. Based on an average trading volume of 15,700 shares, the short-interest ratio is presently 76.0 days.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets decreased their price objective on shares of Dorel Industries from C$9.00 to C$7.00 in a report on Monday, November 7th.
Get Dorel Industries alerts:Dorel Industries Trading Up 0.5 %
Shares of Dorel Industries stock traded up $0.02 during trading hours on Friday, reaching $4.19. The company's stock had a trading volume of 250 shares, compared to its average volume of 5,143. The company's 50 day simple moving average is $4.01 and its 200 day simple moving average is $4.33. The company has a current ratio of 1.90, a quick ratio of 0.72 and a debt-to-equity ratio of 0.75. Dorel Industries has a one year low of $3.34 and a one year high of $21.18.
Dorel Industries (OTCMKTS:DIIBF – Get Rating) last posted its quarterly earnings results on Friday, November 4th. The company reported ($1.07) earnings per share (EPS) for the quarter. Dorel Industries had a negative return on equity of 21.66% and a net margin of 9.44%. The business had revenue of $374.14 million during the quarter.Dorel Industries Company Profile
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Dorel Industries, Inc engages in the design, manufacture, and distribution of home products. It operates through the Dorel Home and Dorel Juvenile segments. The Dorel Home segment focuses on the design, sourcing, and sale of ready-to-assemble furniture and home furnishings, which includes metal folding furniture, futons, step stools, ladders, and other imported furniture items.
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