Gerald Terence Edwards Acquires 2,000 Shares of Decisive Dividend Co. (CVE:DE) Stock

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

Decisive Dividend Trading Up 0.3 %

CVE:DE opened at C$6.07 on Friday. The company has a current ratio of 1.95, a quick ratio of 1.54 and a debt-to-equity ratio of 130.66. Decisive Dividend Co. has a 1-year low of C$5.51 and a 1-year high of C$11.50. The firm has a market capitalization of C$117.82 million, a price-to-earnings ratio of 27.59 and a beta of 1.18. The business’s 50-day moving average price is C$6.37 and its two-hundred day moving average price is C$6.92.

Decisive Dividend (CVE:DE) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.05 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of C$32.24 million during the quarter, compared to analyst estimates of C$36.70 million. On average, equities analysts expect that Decisive Dividend Co. will post 0.3206107 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Cormark cut shares of Decisive Dividend from a “moderate buy” rating to a “hold” rating in a research 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.