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

Delek Group Ltd. (OTCMKTS:DGRLYGet Free Report)’s share price 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.

Delek Group Price Performance

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 company has a 50 day moving average price of $3.25 and a 200 day moving average price of $3.25.

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

Delek Group Company Profile

(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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