Decisive Dividend (CVE:DE) Cut to "Hold" at Raymond James

Raymond James downgraded shares of Decisive Dividend (CVE:DE - Free Report) from a moderate buy rating to a hold rating in a report released on Monday morning, Zacks.com reports.

Decisive Dividend Stock Performance

Shares of CVE:DE traded up C$0.25 on Monday, hitting C$7.78. The company's stock had a trading volume of 32,505 shares, compared to its average volume of 23,714. Decisive Dividend has a 12 month low of C$6.23 and a 12 month high of C$11.50. The stock's 50-day moving average is C$9.98 and its two-hundred day moving average is C$9.09. The company has a debt-to-equity ratio of 96.91, a quick ratio of 1.54 and a current ratio of 1.71. The company has a market capitalization of C$149.84 million, a price-to-earnings ratio of 17.29 and a beta of 1.25.

Decisive Dividend (CVE:DE - Get Free Report) last posted its quarterly earnings data on Wednesday, March 20th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.13 by C($0.01). Decisive Dividend had a net margin of 6.18% and a return on equity of 18.14%. The company had revenue of C$35.67 million during the quarter, compared to the consensus estimate of C$39.60 million. On average, equities research analysts forecast that Decisive Dividend will post 0.5597098 EPS for the current year.

Insider Transactions at Decisive Dividend

In other news, Director Michael Bruce Campbell sold 5,500 shares of Decisive Dividend stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of C$10.75, for a total transaction of C$59,125.00. Insiders have bought a total of 10,898 shares of company stock valued at $41,624 over the last ninety days. Corporate insiders own 9.77% 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.