Delek Group (OTCMKTS:DGRLY) Trading Down 4.4% – Should You Sell?

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

Delek Group Stock Performance

The business has a fifty day simple moving average of $3.25 and a two-hundred day simple moving average of $3.25. The company has a quick ratio of 0.92, a current ratio of 1.00 and a debt-to-equity ratio of 0.76.

Delek Group (OTCMKTS:DGRLY) last issued its earnings results on Wednesday, August 21st. The company reported $0.48 earnings per share for the quarter. The firm had revenue of $676.42 million during the quarter.

Delek Group Company Profile

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.