Delek Group (OTCMKTS:DGRLY) Shares Cross Below 50 Day Moving Average – What’s Next?

Delek Group Ltd. (OTCMKTS:DGRLY) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 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 changing hands.

Delek Group Stock Down 4.4 %

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

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

Delek Group Company Profile

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.