Dorel Industries (OTCMKTS:DIIBF) issued its earnings results on Friday. The company reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.23), MarketWatch Earnings reports. The company had revenue of $625.56 million during the quarter. Dorel Industries had a negative net margin of 16.96% and a positive return on equity of 4.21%.
Shares of OTCMKTS:DIIBF opened at $8.59 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.06 and a quick ratio of 0.47. The firm has a market capitalization of $278.79 million, a price-to-earnings ratio of 6.98 and a beta of 0.90. Dorel Industries has a 52-week low of $8.36 and a 52-week high of $20.40.
Separately, ValuEngine cut Dorel Industries from a “sell” rating to a “strong sell” rating in a report on Thursday, April 4th.
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Dorel Industries Inc designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings, including metal folding furniture, children's furniture, step stool, hand truck, ladder, outdoor furniture, and other imported furniture and futon products.
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