Delixy (NASDAQ:DLXY) Trading 3.7% Higher – Still a Buy?

Delixy Holdings Limited (NASDAQ:DLXYGet Free Report) shares were up 3.7% on Wednesday . The stock traded as high as $0.42 and last traded at $0.3940. 76,773 shares changed hands during trading, an increase of 41% from the average daily volume of 54,459 shares. The stock had previously closed at $0.3799.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wall Street Zen raised shares of Delixy from a “sell” rating to a “hold” rating in a research report on Sunday, May 17th. Weiss Ratings lowered Delixy from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Check Out Our Latest Research Report on DLXY

Delixy Price Performance

The firm has a 50 day moving average price of $0.45 and a 200-day moving average price of $0.62.

About Delixy

(Get Free Report)

Delixy Holdings Limited is a company principally engaged in the trading of oil-related products, including crude oil and oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha. Delixy Holdings Limited is based in Singapore.

Further Reading

Receive News & Ratings for Delixy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delixy and related companies with MarketBeat.com's FREE daily email newsletter.