Delek Group (OTCMKTS:DGRLY) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Delek Group Ltd. (OTCMKTS:DGRLY – Get Free Report) shares 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 Stock Performance

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

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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