Delixy (NASDAQ:DLXY) Trading Down 4.3% – Here’s Why

Delixy Holdings Limited (NASDAQ:DLXYGet Free Report)’s share price traded down 4.3% during trading on Thursday . The stock traded as low as $0.4211 and last traded at $0.4211. 38,944 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 285,336 shares. The stock had previously closed at $0.44.

Analyst Ratings Changes

Several analysts have recently weighed in on DLXY shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Delixy in a report on Monday, August 24th. Wall Street Zen upgraded Delixy from a “sell” rating to a “hold” rating in a research note on Sunday, May 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Delixy presently has a consensus rating of “Sell”.

View Our Latest Analysis on DLXY

Delixy Stock Down 4.5%

The firm has a 50 day moving average price of $0.42 and a two-hundred day moving average price of $0.57.

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.

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