Decisive Dividend (CVE:DE) Stock Price Down 0.6%

Decisive Dividend Co. (CVE:DE) shares fell 0.6% during trading on Thursday . The stock traded as low as C$7.12 and last traded at C$7.18. 9,997 shares changed hands during trading, a decline of 56% from the average session volume of 22,771 shares. The stock had previously closed at C$7.23.

Wall Street Analysts Forecast Growth

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

Decisive Dividend Stock Performance

The stock has a fifty day moving average price of C$7.56 and a 200 day moving average price of C$8.99. The company has a current ratio of 1.93, a quick ratio of 1.54 and a debt-to-equity ratio of 107.27. The firm has a market cap of C$135.40 million, a price-to-earnings ratio of 20.68 and a beta of 1.28.

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

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.