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Decisive Dividend (CVE:DE) Rating Increased to Moderate Buy at Cormark

Decisive Dividend logo with Industrials background

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

Separately, Raymond James upgraded Decisive Dividend from a "hold" rating to a "moderate buy" rating in a report on Monday.

Check Out Our Latest Analysis on DE

Decisive Dividend Price Performance

CVE DE opened at C$7.19 on Monday. The stock's 50-day moving average price is C$6.29 and its two-hundred day moving average price is C$6.21. The company has a current ratio of 1.80, a quick ratio of 1.54 and a debt-to-equity ratio of 126.64. The company has a market cap of C$138.31 million, a PE ratio of 53.38 and a beta of 1.18. Decisive Dividend has a 1 year low of C$5.51 and a 1 year high of C$8.15.

Insider Activity

In related news, Director James Andrew Paterson sold 4,000 shares of the business'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. 10.13% of the stock is owned by corporate insiders.

About Decisive Dividend

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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