Delek Group (OTCMKTS:DGRLY) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Shares of Delek Group Ltd. (OTCMKTS:DGRLYGet Free Report) crossed below its 50-day moving average during trading on Thursday . 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 Price Performance

The firm has a fifty day moving average of $3.25 and a two-hundred day moving average of $3.25. The company has a current ratio of 1.12, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82.

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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