Decent (NASDAQ:DXST) Downgraded to Strong Sell Rating by Wall Street Zen

Decent (NASDAQ:DXST) was downgraded by investment analysts at Wall Street Zen to a “strong sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Decent in a report on Friday, January 9th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Decent Stock Performance

NASDAQ DXST opened at $3.21 on Friday. Decent has a 1-year low of $1.97 and a 1-year high of $62.00. The business has a 50 day simple moving average of $18.84 and a two-hundred day simple moving average of $29.55.

Decent (NASDAQ:DXST) last issued its quarterly earnings data on Monday, March 2nd. The company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $3.73 million for the quarter.

Institutional Trading of Decent

A hedge fund recently bought a new stake in Decent stock. Jane Street Group LLC acquired a new stake in shares of Decent Holding Inc. (NASDAQ:DXST) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 97,790 shares of the company’s stock, valued at approximately $136,000. Jane Street Group LLC owned 0.40% of Decent as of its most recent SEC filing.

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.