Delek Group (OTCMKTS:DGRLY) Shares Down 4.4% – What’s Next?

Delek Group Ltd. (OTCMKTS:DGRLY – Get Free Report) shares traded down 4.4% during mid-day trading on Wednesday. The company traded as low as $3.15 and last traded at $3.25. 31,000 shares changed hands during trading, The stock had previously closed at $3.40.

Delek Group Stock Performance

The company has a debt-to-equity ratio of 0.55, a current ratio of 1.05 and a quick ratio of 1.03. The business has a 50 day simple moving average of $3.25 and a two-hundred day simple moving average of $3.25.

Delek Group Company Profile

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Delek Group Ltd. is an Israeli energy-focused holding company with operations primarily in the exploration, production and development of oil and natural gas. Its portfolio has included interests in upstream energy assets in the Eastern Mediterranean and the North Sea, serving energy markets in Israel, the United Kingdom and other European markets.

The group’s principal energy interests have included NewMed Energy, formerly known as Delek Drilling, which is involved in natural-gas exploration and production in the Eastern Mediterranean, and Ithaca Energy, an operator and producer in the United Kingdom’s North Sea.

Further Reading

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