Decisive Dividend (CVE:DE) Shares Down 1.7% – What’s Next?

Decisive Dividend Co. (CVE:DE)’s share price fell 1.7% during trading on Wednesday . The company traded as low as C$5.92 and last traded at C$5.93. 2,852 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 23,081 shares. The stock had previously closed at C$6.03.

Analyst Ratings Changes

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

Decisive Dividend Stock Down 1.7 %

The stock has a 50 day moving average price of C$6.25 and a 200 day moving average price of C$6.47. The company has a debt-to-equity ratio of 130.66, a quick ratio of 1.54 and a current ratio of 1.95. The company has a market capitalization of C$115.10 million, a P/E ratio of 26.95 and a beta of 1.18.

Decisive Dividend (CVE:DE) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.05 EPS for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). Decisive Dividend had a return on equity of 8.34% and a net margin of 3.32%. The company had revenue of C$32.24 million during the quarter, compared to the consensus estimate of C$36.70 million. Equities research analysts forecast that Decisive Dividend Co. will post 0.3206107 earnings per share for the current fiscal year.

Insider Activity at Decisive Dividend

In other Decisive Dividend news, Senior Officer Jeffrey David Schellenberg acquired 8,000 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average price of C$6.30 per share, for a total transaction of C$50,408.00. In the last ninety days, insiders have acquired 12,350 shares of company stock worth $77,446. 10.13% of the stock is owned by corporate insiders.

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.