Decent (NASDAQ:DXST) Stock Rating Lowered by Wall Street Zen

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

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Decent in a research note on Friday, January 9th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Decent presently has a consensus rating of “Sell”.

Decent Trading Down 18.1%

Shares of NASDAQ:DXST opened at $3.21 on Friday. The company has a 50 day moving average of $18.84 and a 200-day moving average of $29.54. Decent has a one year low of $1.97 and a one year high of $62.00.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 Securities & Exchange Commission. 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 filing with the Securities & Exchange Commission.

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.