Davis Commodities Ltd [NASDAQ: DTCK] loss -22.38% or -0.32 points to close at $1.11 with a heavy trading volume of 7464013 shares.
It opened the trading session at $1.56, the shares rose to $2.0 and dropped to $0.8748, the range by which the price of stock traded the whole day. The daily chart for DTCK points out that the company has recorded 70.77% gains over the past six months.
If we look at the average trading volume of 1.36M shares, DTCK reached to a volume of 7464013 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Davis Commodities Ltd [DTCK]:
The Price to Book ratio for the last quarter was 5.52, with the Price to Cash per share for the same quarter was set at 0.02.
Trading performance analysis for DTCK stock
Davis Commodities Ltd [DTCK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -82.63. With this latest performance, DTCK shares gained by 38.78% in over the last four-week period, additionally plugging by 70.77% over the last 6 months – not to mention a rise of 6.55% in the past year of trading.
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 44.13, with the RSI for the last a single of trading hit 1.0766, and the three-weeks RSI is set at 0.7053 for Davis Commodities Ltd [DTCK]. The present Moving Average for the last 50 days of trading for this stock 1.3320, while it was recorded at 1.3120 for the last single week of trading, and 0.9284 for the last 200 days.
Davis Commodities Ltd [DTCK]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Davis Commodities Ltd [DTCK] shares currently have an operating margin of -2.83% and a Gross Margin at 1.74%. Davis Commodities Ltd’s Net Margin is presently recorded at -2.70%.
Davis Commodities Ltd (DTCK) Capital Structure & Debt Analysis
According to recent financial data for Davis Commodities Ltd. ( DTCK), the Return on Equity (ROE) stands at -42.14%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -14.44%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Davis Commodities Ltd’s Return on Invested Capital (ROIC) is -45.66%, showcasing its effectiveness in deploying capital for earnings.
Davis Commodities Ltd (DTCK) Efficiency & Liquidity Metrics
Based on Davis Commodities Ltd’s (DTCK) latest financial statements, the Debt-to-Equity Ratio is 0.31%, indicating its reliance on debt financing relative to shareholder equity.
Davis Commodities Ltd (DTCK) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Davis Commodities Ltd. (DTCK) effectively leverages its workforce, generating an average of -$127619.05 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.04% and a Quick Ratio of 0.75%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at Davis Commodities Ltd [DTCK]
There are presently around $0.44%, or -0.33%% of DTCK stock, in the hands of institutional investors.
