Delta Galil Industries (OTCMKTS:DELTY) Cut to “Sell” at ValuEngine

ValuEngine downgraded shares of Delta Galil Industries (OTCMKTS:DELTY) from a hold rating to a sell rating in a research note released on Tuesday, ValuEngine reports.

Shares of OTCMKTS:DELTY opened at $26.80 on Tuesday. The company has a market capitalization of $626.51 million, a PE ratio of 11.31 and a beta of 0.44. The stock has a fifty day moving average of $24.99 and a 200-day moving average of $26.96. Delta Galil Industries has a one year low of $24.60 and a one year high of $31.60.

Delta Galil Industries (OTCMKTS:DELTY) last issued its earnings results on Wednesday, November 13th. The company reported $0.57 earnings per share (EPS) for the quarter. The business had revenue of $446.14 million for the quarter. Delta Galil Industries had a return on equity of 11.24% and a net margin of 2.86%.

Delta Galil Industries Company Profile

Delta Galil Industries Ltd. engages in development, design, production, marketing and sale of underwear, socks, children’s wear, leisure wear and Activewear as well as in development, design, marketing, distribution and sale of branded products in the category of men’s and women’s jeans and outerwear and related products.

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