Decisive Dividend Co. (CVE:DE) Senior Officer Acquires C$50,408.00 in Stock

Decisive Dividend Co. (CVE:DE) Senior Officer Jeffrey David Schellenberg purchased 8,000 shares of the stock in a transaction on Tuesday, November 12th. The shares were acquired at an average price of C$6.30 per share, for a total transaction of C$50,408.00.

Jeffrey David Schellenberg also recently made the following trade(s):

• On Thursday, August 22nd, Jeffrey David Schellenberg acquired 550 shares of Decisive Dividend stock. The stock was acquired at an average price of C$5.96 per share, with a total value of C$3,278.00.
• On Tuesday, August 20th, Jeffrey David Schellenberg acquired 100 shares of Decisive Dividend stock. The shares were bought at an average price of C$6.05 per share, with a total value of C$605.00.
• On Thursday, August 15th, Jeffrey David Schellenberg bought 600 shares of Decisive Dividend stock. The shares were purchased at an average cost of C$6.05 per share, with a total value of C$3,630.00.

Decisive Dividend Stock Performance

CVE DE opened at C$6.05 on Friday. The company has a debt-to-equity ratio of 130.66, a quick ratio of 1.54 and a current ratio of 1.95. The stock’s fifty day moving average is C$6.38 and its two-hundred day moving average is C$6.94. The firm has a market capitalization of C$117.43 million, a P/E ratio of 27.50 and a beta of 1.18. Decisive Dividend Co. has a fifty-two week low of C$5.51 and a fifty-two week high of C$11.50.

Decisive Dividend (CVE:DE) last posted its quarterly earnings results on Tuesday, November 5th. The company reported C$0.05 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.01). Decisive Dividend had a return on equity of 8.34% and a net margin of 3.32%. The company had revenue of C$32.24 million for the quarter, compared to analysts’ expectations of C$36.70 million. On average, research analysts anticipate that Decisive Dividend Co. will post 0.3206107 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Cormark lowered shares of Decisive Dividend from a “moderate buy” rating to a “hold” rating in a report on Thursday, November 7th.

About Decisive Dividend

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.