Decisive Dividend (CVE:DE) Shares Down 1.5% - What's Next?

Shares of Decisive Dividend Co. (CVE:DE - Get Free Report) fell 1.5% during mid-day trading on Thursday . The stock traded as low as C$6.10 and last traded at C$6.11. 29,327 shares were traded during trading, an increase of 39% from the average session volume of 21,046 shares. The stock had previously closed at C$6.20.

Analyst Ratings Changes

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

Decisive Dividend Trading Up 1.3 %

The stock has a market cap of C$120.15 million, a price-to-earnings ratio of 28.14 and a beta of 1.18. The business has a fifty day simple moving average of C$6.09 and a 200 day simple moving average of C$6.35. The company has a debt-to-equity ratio of 130.66, a quick ratio of 1.54 and a current ratio of 1.95.

Decisive Dividend (CVE:DE - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.01). The firm had revenue of C$32.24 million for the quarter, compared to analyst estimates of C$36.70 million. Decisive Dividend had a return on equity of 8.34% and a net margin of 3.32%. As a group, equities analysts anticipate that Decisive Dividend Co. will post 0.3206107 EPS for the current year.

Insider Activity

In other news, Senior Officer Jeffrey David Schellenberg bought 8,000 shares of Decisive Dividend stock in a transaction that occurred on Tuesday, November 12th. The shares were purchased at an average price of C$6.30 per share, for a total transaction of C$50,408.00. Insiders acquired a total of 12,400 shares of company stock valued at $77,758 over the last quarter. Company insiders own 10.13% of the company's stock.

About Decisive Dividend

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.