Decent (NASDAQ:DXST) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings reissued 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 MarketBeat.com, Decent currently has a consensus rating of “Sell”.

Decent Price Performance

Shares of DXST stock opened at $2.64 on Friday. Decent has a one year low of $1.50 and a one year high of $62.00. The company’s 50-day moving average is $2.42 and its 200 day moving average is $4.98.

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

Insider Activity at Decent

In other news, major shareholder Financial Lp Hrt sold 128,698 shares of the company’s stock in a transaction dated 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 owned 59,694 shares of the company’s stock, valued at $319,959.84. This represents a 68.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Hedge Funds Weigh In On Decent

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

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.