Davis Commodities (NASDAQ:DTCK) Stock Price Up 2.7% – Should You Buy?

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

Davis Commodities Trading Up 2.7 %

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.31 and a quick ratio of 1.30. The stock’s 50 day moving average is $1.02 and its two-hundred day moving average is $1.11.

Davis Commodities Company Profile

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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.

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