Davis Commodities Ltd. [NASDAQ: DTCK] closed the trading session at $1.42.
The stocks have a year to date performance of 36.54 percent and weekly performance of 32.71 percent. The stock has been moved at -77.48 percent over the last six months. The stock has performed 32.71 percent around the most recent 30 days and changed 51.06 percent over the most recent 3-months.
If compared to the average trading volume of 215.68K shares, DTCK reached to a volume of 3682748 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Davis Commodities Ltd. [DTCK]:
The Average True Range (ATR) for Davis Commodities Ltd. is set at 0.16, with the Price to Sales ratio for DTCK stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 5.61, with the Price to Cash per share for the same quarter was set at 0.08.
DTCK stock trade performance evaluation
Davis Commodities Ltd. [DTCK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 32.71. With this latest performance, DTCK shares gained by 32.71% in over the last four-week period, additionally sinking by -77.48% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DTCK stock in for the last two-week period is set at 71.70, with the RSI for the last a single of trading hit 80.37, and the three-weeks RSI is set at 65.43 for Davis Commodities Ltd. [DTCK]. The present Moving Average for the last 50 days of trading for this stock 1.0939, while it was recorded at 1.2192 for the last single week of trading.
Davis Commodities Ltd. [DTCK]: An insightful look at the core fundamentals
Davis Commodities Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.03 and a Current Ratio set at 1.27.
Davis Commodities Ltd. [DTCK]: Institutional Ownership
The top three institutional holders of DTCK stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DTCK stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DTCK stock with ownership which is approximately 5.8386%.
