Decisive Dividend (CVE:DE) Trading Up 9.1% - Here's Why

Key Points

• Shares of Decisive Dividend jumped 9.1% to C$8.95 on Thursday on heavy trading of 93,762 shares, roughly a 99% increase versus average daily volume.
• The company has a market cap of C$180.35 million and a PE ratio of 35.8, with a high debt-to-equity of 144.87 but solid liquidity (current ratio 2.12, quick ratio 1.54).
• Decisive Dividend manufactures wood-burning stoves, fireplace inserts and gas fireplaces, and also produces agricultural sprayers and wastewater evaporator systems for mining, oil & gas, and waste management.

Decisive Dividend Co. (CVE:DE - ) shares traded up 9.1% during trading on Thursday . The company traded as high as C$8.95 and last traded at C$8.95. 93,762 shares changed hands during trading, an increase of 99% from the average session volume of 47,197 shares. The stock had previously closed at C$8.20.

Decisive Dividend Trading Up 9.1%

The company has a current ratio of 2.12, a quick ratio of 1.54 and a debt-to-equity ratio of 144.87. The company has a market cap of C$180.35 million, a PE ratio of 35.80 and a beta of 0.52. The business's 50-day simple moving average is C$7.64 and its 200-day simple moving average is C$7.39.

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.

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