Delek Group (OTCMKTS:DGRLY) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Delek Group Ltd. (OTCMKTS:DGRLYGet Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.25 and traded as low as $3.15. Delek Group shares last traded at $3.25, with a volume of 31,000 shares.

Delek Group Stock Down 4.4 %

The company has a current ratio of 1.00, a quick ratio of 0.92 and a debt-to-equity ratio of 0.76. The stock’s 50-day simple moving average is $3.25 and its two-hundred day simple moving average is $3.25.

Delek Group (OTCMKTS:DGRLYGet Free Report) last released its quarterly earnings results on Wednesday, August 21st. The company reported $0.48 earnings per share for the quarter. The company had revenue of $676.42 million for the quarter.

About Delek Group

(Get Free Report)

Delek Group Ltd., an energy company, develops, produces, and sells natural gas in Israel and internationally. The company operates through three segments: Energy in Israel, Energy Abroad, and Fuel Products. It holds interests in Tamar, Leviathan, and Aphrodite projects in the Mediterranean; holds rights to oil assets in the Gulf of Mexico and Canada, as well as oil and gas reserves in the North Sea off the coast of England; and owns production, treatment, and storage facilities.

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