Decent (NASDAQ:DXST) Issues Quarterly Earnings Results

Decent (NASDAQ:DXSTGet Free Report) announced its earnings results on Monday. The company reported ($0.31) earnings per share (EPS) for the quarter, reports. The business had revenue of $9.29 million during the quarter.

Decent Stock Up 19.9%

Shares of NASDAQ DXST opened at $2.71 on Wednesday. Decent has a twelve month low of $1.50 and a twelve month high of $62.00. The business has a fifty day simple moving average of $2.49 and a two-hundred day simple moving average of $7.47.

Insider Activity

In other news, major shareholder Financial Lp Hrt sold 128,698 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $5.36, for a total transaction of $689,821.28. Following the transaction, the insider owned 59,694 shares in the company, valued at approximately $319,959.84. This trade represents a 68.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Hedge Funds Weigh In On Decent

An institutional investor recently bought a new position in Decent stock. Jane Street Group LLC bought a new position in shares of Decent Holding Inc. (NASDAQ:DXSTFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned 0.40% of Decent as of its most recent SEC filing.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Decent in a report on Wednesday, July 29th. Wall Street Zen upgraded Decent from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Report on Decent

Decent Company Profile

(Get Free Report)

Decent Holding, Inc engages in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration, and river ecosystem management. Its products and services include river water quality management and microbial products for water quality enhancement and pollutant cleansing purposes. The company was founded by Ding Xin Sun on January 6, 2022 and is headquartered in Yantai, China.

Further Reading

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