Davis Commodities (NASDAQ:DTCK) Trading Up 0.9%
Shares of Davis Commodities Limited (NASDAQ:DTCK – Get Free Report) traded up 0.9% during trading on Monday . The stock traded as high as $1.14 and last traded at $1.10. 61,162 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 217,775 shares. The stock had previously closed at $1.09.
Davis Commodities Stock Performance
The business’s 50 day moving average is $1.10 and its two-hundred day moving average is $1.33.
Hedge Funds Weigh In On Davis Commodities
A hedge fund recently bought a new stake in Davis Commodities stock. DGS Capital Management LLC acquired a new position in Davis Commodities Limited (NASDAQ:DTCK – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 27,836 shares of the company’s stock, valued at approximately $29,000. DGS Capital Management LLC owned 0.11% of Davis Commodities as of its most recent filing with the Securities & Exchange Commission. 81.83% of the stock is owned by institutional investors and hedge funds.
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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