Delek Group Ltd. (OTCMKTS:DGRLY – Get Free Report) dropped 4.4% during trading on Wednesday. The stock traded as low as $3.15 and last traded at $3.25. Approximately 31,000 shares traded hands during trading, The stock had previously closed at $3.40.
Delek Group Trading Down 4.4%
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 company’s 50 day moving average price is $3.25 and its two-hundred day moving average price is $3.25.
About Delek Group
Delek Group Ltd. is an Israeli energy-focused holding company with operations primarily in the exploration, production and development of oil and natural gas. Its portfolio has included interests in upstream energy assets in the Eastern Mediterranean and the North Sea, serving energy markets in Israel, the United Kingdom and other European markets.
The group’s principal energy interests have included NewMed Energy, formerly known as Delek Drilling, which is involved in natural-gas exploration and production in the Eastern Mediterranean, and Ithaca Energy, an operator and producer in the United Kingdom’s North Sea.
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