Decisive Dividend (CVE:DE) Trading Down 0.5% - Here's Why

Decisive Dividend Co. (CVE:DE - Get Free Report)'s stock price fell 0.5% on Tuesday . The stock traded as low as C$5.92 and last traded at C$5.98. 28,326 shares traded hands during trading, an increase of 21% from the average session volume of 23,440 shares. The stock had previously closed at C$6.01.

Wall Street Analysts Forecast Growth

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

Decisive Dividend Price Performance

The company has a 50 day moving average of C$6.39 and a 200 day moving average of C$6.63. The company has a quick ratio of 1.54, a current ratio of 1.95 and a debt-to-equity ratio of 130.66. The stock has a market capitalization of C$116.85 million, a price-to-earnings ratio of 27.36 and a beta of 1.18.

Decisive Dividend (CVE:DE - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The company reported C$0.05 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.01). The company 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 research analysts forecast that Decisive Dividend Co. will post 0.3206107 EPS for the current fiscal year.

Insider Transactions at Decisive Dividend

In other news, Senior Officer Jeffrey David Schellenberg acquired 8,000 shares of the company's stock in a transaction dated 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. Insiders acquired 12,100 shares of company stock valued at $75,958 over the last 90 days. Corporate 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.