Davis Commodities Limited (NASDAQ:DTCK – Get Free Report) traded up 5.8% on Wednesday . The company traded as high as $1.28 and last traded at $1.28. 13,161 shares changed hands during trading, a decline of 93% from the average session volume of 176,484 shares. The stock had previously closed at $1.21.
Davis Commodities Trading Up 5.8 %
The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average is $1.17 and its 200-day moving average is $1.12.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Davis Commodities stock. DGS Capital Management LLC purchased a new position in shares of Davis Commodities Limited (NASDAQ:DTCK – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 27,836 shares of the company’s stock, valued at approximately $29,000. DGS Capital Management LLC owned approximately 0.11% of Davis Commodities as of its most recent filing with the SEC. 81.83% of the stock is currently owned by institutional investors.
Davis Commodities Company Profile
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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