Decent (NASDAQ:DXST) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Decent (NASDAQ:DXST) to a hold rating in a report released on Saturday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Decent in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Decent Stock Up 3.4%

Shares of NASDAQ:DXST opened at $2.70 on Friday. Decent has a 12-month low of $1.50 and a 12-month high of $62.00. The business has a fifty day simple moving average of $2.43 and a 200 day simple moving average of $5.51.

Decent (NASDAQ:DXST) last announced its earnings results on Monday, August 3rd. The company reported ($0.31) EPS for the quarter. The business had revenue of $9.29 million during the quarter.

Insider Buying and Selling at Decent

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Decent stock. Jane Street Group LLC bought a new stake in shares of Decent Holding Inc. (NASDAQ:DXST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned approximately 0.40% of Decent at the end of the most recent reporting period.

About Decent

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.