Decent (NASDAQ:DXST) Cut to Strong Sell at Wall Street Zen

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

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

Decent Price Performance

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

Decent (NASDAQ:DXST) last issued its 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.

Hedge Funds Weigh In On Decent

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

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.