Delek Group (OTCMKTS:DGRLY) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Delek Group Ltd. (OTCMKTS:DGRLYGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.25 and traded as high as $3.4450. Delek Group shares last traded at $3.25, with a volume of 31,000 shares.

Delek Group Stock Down 4.4%

The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.56 and a current ratio of 1.61. The firm has a 50 day moving average price of $3.25 and a 200-day moving average price of $3.25.

About Delek Group

(Get Free Report)

Delek Group is an Israel-based diversified energy holding company with interests spanning the upstream, midstream and downstream segments of the oil and gas industry. Through its portfolio of wholly and partially owned subsidiaries, the group is engaged in crude oil and refined product refining, fuel marketing, logistics and natural gas exploration and production. Its operations encompass refining facilities, fuel distribution networks and infrastructure for the storage and transportation of petroleum products.

In its downstream activities, Delek Group oversees refining operations that process crude oil into gasoline, diesel, jet fuel and other petroleum derivatives.

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