Davis Commodities (NASDAQ:DTCK) Cut to Strong Sell at Wall Street Zen

Wall Street Zen cut shares of Davis Commodities (NASDAQ:DTCK) to a strong sell rating in a research report sent to investors on Saturday.

Separately, Weiss Ratings began coverage on shares of Davis Commodities in a report on Saturday, November 1st. They issued a “sell (d)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Davis Commodities Stock Performance

Davis Commodities stock opened at $0.48 on Friday. The stock’s 50 day moving average price is $1.29 and its 200 day moving average price is $0.96. Davis Commodities has a 1-year low of $0.40 and a 1-year high of $6.89.

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 and Taffy brands. It also provides warehouse storage and logistic, as well as agency services.