Delek Group (OTCMKTS:DGRLY) Shares Down 4.4% – Here’s Why

Delek Group Ltd. (OTCMKTS:DGRLY – Get Free Report)’s stock price dropped 4.4% during mid-day trading on Friday. The company traded as low as $3.15 and last traded at $3.25. 31,000 shares were traded during trading, The stock had previously closed at $3.40.

Delek Group Stock Performance

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.

About Delek Group

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Delek Group Ltd. is an Israel-based holding company focused primarily on energy and natural resources. Through its portfolio companies and investments, the group is involved in the exploration, development, production and sale of oil and natural gas, with operations and assets concentrated in Israel and the North Sea. Delek Group has historically been associated with NewMed Energy, formerly known as Delek Drilling, a participant in major offshore natural-gas projects including the Leviathan and Tamar fields in the Eastern Mediterranean.

Further Reading

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