Davis Commodities (NASDAQ:DTCK) Trading 2.7% Higher – Time to Buy?

Davis Commodities Limited (NASDAQ:DTCKGet Free Report)’s share price shot up 2.7% during trading on Friday . The company traded as high as $1.13 and last traded at $1.13. Approximately 49,980 shares traded hands during trading, a decline of 43% from the average session volume of 87,080 shares. The stock had previously closed at $1.10.

Davis Commodities Stock Performance

The stock has a 50 day simple moving average of $1.02 and a 200-day simple moving average of $1.11. The company has a quick ratio of 1.30, a current ratio of 1.31 and a debt-to-equity ratio of 0.03.

Davis Commodities Company Profile

(Get Free Report)

Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Asia, Africa, and the Middle East. The company trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill and Taffy brands. It also provides warehouse storage and logistic, as well as agency services.

Read More

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