Delek Group (OTC:DELKY – Get Rating) was downgraded by stock analysts at Barclays from an "overweight" rating to an "equal weight" rating in a research note issued to investors on Thursday, The Fly reports.

Delek Group Trading Down 3.3 %

DELKY stock opened at $10.30 on Thursday. Delek Group has a 1-year low of $9.80 and a 1-year high of $19.59. The business's 50 day moving average is $11.46 and its 200-day moving average is $14.03.

Delek Group Company Profile

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Delek Group Ltd., an energy company, engages in the exploration, development, production, and marketing of oil and gas in Israel and internationally. The company operates through three segments: Energy in Israel, Foreign Energy, and Other Operations. It holds interests in the Tamar, Leviathan, and Aphrodite reservoirs in Cyprus; has rights to oil assets in the Gulf of Mexico and Canada, as well as oil and gas reserves in the North Sea off the coast of England; and owns production, treatment, and storage facilities.

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