Delek Group (OTCMKTS:DGRLY) Stock Falls 4.4% – Here’s What Happened

Shares of Delek Group Ltd. (OTCMKTS:DGRLY – Get Free Report) traded down 4.4% 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 Down 4.4%

The stock has a 50 day moving average of $3.25 and a 200-day moving average of $3.25. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.03 and a current ratio of 1.05.

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.

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