Cormark Upgrades Decisive Dividend (CVE:DE) to "Moderate Buy"

Decisive Dividend (CVE:DE - Get Free Report) was upgraded by Cormark from a "hold" rating to a "moderate buy" rating in a research note issued to investors on Monday, May 12th,Zacks.com reports.

Separately, Raymond James raised Decisive Dividend from a "hold" rating to a "moderate buy" rating in a research note on Monday, May 12th.

Decisive Dividend Stock Performance

DE stock traded up C$0.08 on Monday, reaching C$7.40. The company's stock had a trading volume of 12,535 shares, compared to its average volume of 25,171. Decisive Dividend has a 52 week low of C$5.51 and a 52 week high of C$7.93. The company has a debt-to-equity ratio of 126.64, a current ratio of 1.80 and a quick ratio of 1.54. The company has a market capitalization of C$142.35 million, a P/E ratio of 54.94 and a beta of 1.18. The firm has a fifty day moving average of C$6.36 and a two-hundred day moving average of C$6.21.

Insider Buying and Selling at Decisive Dividend

In other Decisive Dividend news, Director James Andrew Paterson sold 4,000 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of C$6.72, for a total value of C$26,880.00. Corporate 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.