Decent (NASDAQ:DXST) Downgraded to Strong Sell Rating by Wall Street Zen
by Teresa Graham · The Cerbat GemWall Street Zen cut shares of Decent (NASDAQ:DXST – Free Report) to a strong sell rating in a report released on Saturday morning.
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Decent in a research note on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.
Read Our Latest Report on Decent
Decent Stock Down 18.1%
Shares of NASDAQ DXST opened at $3.21 on Friday. The firm’s fifty day moving average is $18.84 and its 200 day moving average is $29.55. Decent has a 52 week low of $1.97 and a 52 week high of $62.00.
Decent (NASDAQ:DXST – Get Free Report) last announced its quarterly earnings results on Monday, March 2nd. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $3.73 million for the quarter.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Decent stock. Jane Street Group LLC bought a new position in Decent Holding Inc. (NASDAQ:DXST – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. 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 as of its most recent filing with the SEC.
Decent Company Profile
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.