Decisive Dividend Co. (CVE:DE) Director Acquires C$12,320.00 in Stock

Decisive Dividend Co. (CVE:DE) Director Gerald Terence Edwards acquired 2,000 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were purchased at an average cost of C$6.16 per share, for a total transaction of C$12,320.00.

Decisive Dividend Stock Down 1.3 %

Shares of CVE:DE traded down C$0.08 during midday trading on Thursday, hitting C$6.10. 19,780 shares of the company’s stock traded hands, compared to its average volume of 24,126. Decisive Dividend Co. has a twelve month low of C$5.51 and a twelve month high of C$11.50. 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 cap of C$118.40 million, a PE ratio of 28.09 and a beta of 1.18. The firm’s fifty day moving average price is C$6.38 and its two-hundred day moving average price is C$6.94.

Decisive Dividend (CVE:DE) last posted its earnings results on Tuesday, November 5th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 3.32% and a return on equity of 8.34%. On average, equities research analysts anticipate that Decisive Dividend Co. will post 0.3206107 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.