Delixy Holdings Limited (NASDAQ:DLXY – Free Report)’s stock is set to reverse split on Monday, September 28th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, September 27th.
Delixy Stock Down 3.3%
Delixy stock opened at $0.50 on Thursday. The company has a fifty day simple moving average of $0.47 and a 200-day simple moving average of $0.53. Delixy has a 12-month low of $0.34 and a 12-month high of $7.00.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Delixy in a report on Monday, August 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
About Delixy
Delixy Holdings Limited is a company principally engaged in the trading of oil-related products, including crude oil and oil-based products such as fuel oils, motor gasoline, additives, gas condensate, base oils, asphalt, petrochemicals and naphtha. Delixy Holdings Limited is based in Singapore.
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