Decisive Dividend (CVE:DE) Raised to “Moderate Buy” at Cormark

Decisive Dividend (CVE:DE) was upgraded by equities researchers at Cormark from a “hold” rating to a “moderate buy” rating in a report released 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.

Decisive Dividend Stock Up 2.9%

Shares of CVE:DE opened at C$7.19 on Monday. The company has a 50-day moving average price of C$6.29 and a 200 day moving average price of 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. Decisive Dividend has a 12 month low of C$5.51 and a 12 month high of C$8.15. The company has a market cap of C$138.31 million, a price-to-earnings ratio of 53.38 and a beta of 1.18.

Insider Activity

In other news, Director James Andrew Paterson sold 4,000 shares of the company’s stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of C$6.72, for a total value of C$26,880.00. Insiders own 10.13% of the company’s stock.

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.