Davis Commodities (NASDAQ:DTCK) Stock Price Up 2.7% – Should You Buy?

Davis Commodities Limited (NASDAQ:DTCKGet Free Report)’s stock price rose 2.7% during mid-day trading on Friday . The stock traded as high as $1.13 and last traded at $1.13. Approximately 49,980 shares were traded during trading, a decline of 43% from the average daily volume of 87,080 shares. The stock had previously closed at $1.10.

Davis Commodities Trading Up 2.7 %

The firm’s fifty day moving average price is $1.02 and its 200-day moving average price is $1.11. The company has a current ratio of 1.31, a quick ratio of 1.30 and a debt-to-equity ratio of 0.03.

About Davis Commodities

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Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Asia, Africa, and the Middle East. The company trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill and Taffy brands. It also provides warehouse storage and logistic, as well as agency services.

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