Decisive Dividend (CVE:DE) Stock Price Down 1.3% – Here’s Why

Decisive Dividend Co. (CVE:DE)’s stock price was down 1.3% during trading on Friday . The stock traded as low as C$6.10 and last traded at C$6.15. Approximately 32,054 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 20,803 shares. The stock had previously closed at C$6.23.

Wall Street Analyst Weigh In

Separately, Cormark lowered Decisive Dividend from a “moderate buy” rating to a “hold” rating in a report on Thursday, November 7th.

Decisive Dividend Stock Performance

The company has a quick ratio of 1.54, a current ratio of 1.80 and a debt-to-equity ratio of 126.64. The stock has a fifty day moving average of C$6.06 and a 200-day moving average of C$6.24. The stock has a market cap of C$118.30 million, a PE ratio of 45.66 and a beta of 1.18.

Decisive Dividend Company Profile

Decisive Dividend Corporation, through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and gas fireplaces in Canada, the United States, and internationally. It operates in two segments, Finished Product and Component Manufacturing. The company also designs, manufactures, and markets air blast sprayers for use in agricultural industry under the Turbo Mist brand; and wastewater evaporator systems that are used in mining, oil and gas, and waste management industries.