Davis Commodities Ltd [NASDAQ: DTCK] plunged by -$0.06 during the normal trading session on Wednesday and reaching a high of $0.5689 during the day while it closed the day at $0.48.
Davis Commodities Ltd stock has also loss -23.81% of its value over the past 7 days. However, DTCK stock has declined by -35.98% in the 3 months of the year. Over the past six months meanwhile, it has lost -12.73% and lost -50.27% year-on date.
The market cap for DTCK stock reached $11.76 million, with 24.50 million shares outstanding and 7.99 million shares in the current float. Compared to the average trading volume of 1.57M shares, DTCK reached a trading volume of 375649 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 Price to Book ratio for the last quarter was 2.38, with the Price to Cash per share for the same quarter was set at 0.02.
DTCK stock trade performance evaluation
Davis Commodities Ltd [DTCK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.81. With this latest performance, DTCK shares dropped by -72.73% in over the last four-week period, additionally sinking by -12.73% over the last 6 months – not to mention a drop of -53.93% 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 40.60, with the RSI for the last a single of trading hit 0.4708, and the three-weeks RSI is set at 0.5037 for Davis Commodities Ltd [DTCK]. The present Moving Average for the last 50 days of trading for this stock 1.2684, while it was recorded at 0.5023 for the last single week of trading, and 0.9093 for the last 200 days.
Davis Commodities Ltd [DTCK]: An insightful look at the core fundamentals
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.
Davis Commodities Ltd [DTCK]: Institutional Ownership
There are presently around $1.11%, or -0.83%% of DTCK stock, in the hands of institutional investors.
