Decisive Dividend (CVE:DE) Trading Down 0.5% – Time to Sell?

Decisive Dividend Co. (CVE:DE) dropped 0.5% on Tuesday . The company traded as low as C$5.92 and last traded at C$5.98. Approximately 28,326 shares traded hands during mid-day trading, an increase of 21% from the average daily volume of 23,440 shares. The stock had previously closed at C$6.01.

Analysts Set New Price Targets

Separately, Cormark cut 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 current ratio of 1.95, a quick ratio of 1.54 and a debt-to-equity ratio of 130.66. The company has a market capitalization of C$116.07 million, a P/E ratio of 27.18 and a beta of 1.18. The firm has a fifty day moving average of C$6.39 and a 200 day moving average of C$6.64.

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

Insider Transactions at Decisive Dividend

In other Decisive Dividend news, Senior Officer Jeffrey David Schellenberg purchased 8,000 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were acquired at an average cost of C$6.30 per share, for a total transaction of C$50,408.00. Insiders have bought a total of 12,100 shares of company stock worth $75,958 in the last ninety days. Insiders own 10.13% of the company’s stock.

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.