Delek Group (OTCMKTS:DGRLY) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Delek Group Ltd. (OTCMKTS:DGRLY)’s stock price crossed 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 traded.

Delek Group Stock Down 4.4 %

The stock’s 50 day moving average price is $3.25 and its 200-day moving average price is $3.25. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.12.

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.