Delta Galil Industries (OTCMKTS:DELTY) Stock Price Down 7.2%

Delta Galil Industries (OTCMKTS:DELTY)’s stock price dropped 7.2% during trading on Thursday . The company traded as low as $25.10 and last traded at $25.10, approximately 104 shares changed hands during mid-day trading. A decline of 90% from the average daily volume of 993 shares. The stock had previously closed at $27.05.

Separately, ValuEngine lowered Delta Galil Industries from a “hold” rating to a “sell” rating in a report on Tuesday, December 3rd.

The stock has a market cap of $639.25 million, a P/E ratio of 12.13 and a beta of 0.48. The firm’s 50 day simple moving average is $25.34 and its two-hundred day simple moving average is $25.81.

Delta Galil Industries (OTCMKTS:DELTY) last posted its quarterly earnings results on Wednesday, November 13th. The company reported $0.57 earnings per share (EPS) for the quarter. Delta Galil Industries had a net margin of 2.86% and a return on equity of 11.24%. The company had revenue of $446.14 million for the quarter.

About Delta Galil Industries (OTCMKTS:DELTY)

Delta Galil Industries Ltd. engages in development, design, production, marketing and sale of underwear, socks, children’s wear, leisure wear and Activewear as well as in development, design, marketing, distribution and sale of branded products in the category of men’s and women’s jeans and outerwear and related products.

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