Insider Buying: Decisive Dividend (CVE:DE) Insider Acquires 2,282 Shares of Stock

Decisive Dividend Co. (CVE:DE) insider Jeffrey David Schellenberg purchased 2,282 shares of the company’s stock in a transaction dated Thursday, September 17th. The stock was bought at an average price of C$7.58 per share, with a total value of C$17,297.56. Following the completion of the transaction, the insider directly owned 104,694 shares of the company’s stock, valued at approximately C$793,580.52. This represents a 2.23% increase in their ownership of the stock.

Decisive Dividend Price Performance

Shares of CVE:DE traded up C$0.14 during midday trading on Thursday, hitting C$7.70. The company had a trading volume of 18,010 shares, compared to its average volume of 25,918. Decisive Dividend Co. has a twelve month low of C$6.50 and a twelve month high of C$10.07. The stock has a market cap of C$164.11 million, a price-to-earnings ratio of 59.23 and a beta of 0.65. The company has a debt-to-equity ratio of 170.34, a current ratio of 2.11 and a quick ratio of 1.54. The business’s 50-day simple moving average is C$8.64 and its 200-day simple moving average is C$8.82.

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.