Decisive Dividend (CVE:DE) Trading Down 0.4%

Decisive Dividend Co. (CVE:DE)’s stock price traded down 0.4% on Wednesday . The company traded as low as C$7.17 and last traded at C$7.17. 14,448 shares were traded during mid-day trading, a decline of 40% from the average session volume of 24,110 shares. The stock had previously closed at C$7.20.

Analyst Upgrades and Downgrades

Separately, Raymond James lowered shares of Decisive Dividend from a “moderate buy” rating to a “hold” rating in a research note on Monday, May 13th.

Decisive Dividend Trading Down 0.4 %

The stock has a market cap of C$138.09 million, a price-to-earnings ratio of 21.09 and a beta of 1.28. The company has a debt-to-equity ratio of 107.27, a quick ratio of 1.54 and a current ratio of 1.93. The company’s 50 day simple moving average is C$8.37 and its two-hundred day simple moving average is C$9.06.

Decisive Dividend (CVE:DE) last released its quarterly earnings data on Wednesday, May 8th. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.13 by C($0.12). The company had revenue of C$29.35 million during the quarter, compared to analyst estimates of C$36.44 million. Decisive Dividend had a net margin of 4.91% and a return on equity of 13.87%. Research analysts expect that Decisive Dividend Co. will post 0.2952612 EPS for the current fiscal year.

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.