Delek Group (OTCMKTS:DGRLY) Stock Breaks Below 50 Day Moving Average – Here’s What Happened

Delek Group Ltd. (OTCMKTS:DGRLY – Get Free Report)’s stock price passed 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.

Delek Group Price Performance

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

About Delek Group

(Get Free Report)

Delek Group Ltd. is an Israel-based investment and holding company focused primarily on the energy sector. The group’s activities include exploration, development, production and marketing of oil and natural gas, with operations and investments spanning Israel, the Eastern Mediterranean and the United Kingdom.

Delek Group’s principal energy interests include NewMed Energy, an Israeli natural gas exploration and production partnership involved in offshore fields in the Eastern Mediterranean, and Ithaca Energy, which operates upstream oil and gas assets in the United Kingdom’s North Sea.

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