Davis Commodities Limited (NASDAQ:DTCK – Get Free Report)’s share price traded down 3.4% during mid-day trading on Friday . The company traded as low as $1.05 and last traded at $1.15. 67,964 shares changed hands during trading, a decline of 63% from the average session volume of 184,231 shares. The stock had previously closed at $1.19.
Davis Commodities Trading Down 3.4 %
The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 0.04. The stock’s 50-day simple moving average is $1.13 and its 200-day simple moving average is $1.08.
Institutional Trading of Davis Commodities
A hedge fund recently bought a new stake in Davis Commodities stock. DGS Capital Management LLC bought a new position in Davis Commodities Limited (NASDAQ:DTCK – Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 27,836 shares of the company’s stock, valued at approximately $29,000. DGS Capital Management LLC owned 0.11% of Davis Commodities at the end of the most recent reporting period. 81.83% of the stock is currently owned by hedge funds and other institutional investors.
About Davis Commodities
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, Lin, and Taffy brands. It also provides warehouse storage and logistic, as well as agency services.
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