Jeffrey David Schellenberg Acquires 8,000 Shares of Decisive Dividend Co. (CVE:DE) Stock

Decisive Dividend Co. (CVE:DE) Senior Officer Jeffrey David Schellenberg purchased 8,000 shares of Decisive Dividend stock in a transaction on Tuesday, November 12th. The stock was bought at an average cost 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 bought 550 shares of Decisive Dividend stock. The shares were purchased at an average price of C$5.96 per share, for a total transaction of C$3,278.00.
• On Tuesday, August 20th, Jeffrey David Schellenberg purchased 100 shares of Decisive Dividend stock. The shares were purchased 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 price of C$6.05 per share, with a total value of C$3,630.00.

Decisive Dividend Stock Performance

Shares of Decisive Dividend stock opened at C$6.05 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.95 and a debt-to-equity ratio of 130.66. Decisive Dividend Co. has a 52 week low of C$5.51 and a 52 week high of C$11.50. The firm’s 50 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 (CVE:DE) last posted its earnings results on Tuesday, November 5th. The company reported C$0.05 EPS for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.01). Decisive Dividend had a net margin of 3.32% and a return on equity of 8.34%. The company had revenue of C$32.24 million during the quarter, compared to analysts’ expectations of C$36.70 million. Research analysts forecast that Decisive Dividend Co. will post 0.3206107 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Cormark cut Decisive Dividend from a “moderate buy” rating to a “hold” rating in a research 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.