Streetbeat News

DTCK

Davis Commodities Limited Ordinary Shares

Industry

Agricultural Farm Products

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. The company was founded in 1999 and is headquartered in Singapore. Davis Commodities Limited operates as a subsidiary of Davis & KT Holdings Pte. Ltd.

Open

0.92

Mkt cap

23M

Volume

10K

High

0.93

P/E Ratio

46.66

52-wk high

1.73

Low

0.92

Div yield

N/A

52-wk low

0.85

Davis Commodities Ltd reported financial results for the first half of FY23 with revenue of $97.8M, down from $100.7M last year. Gross profit decreased to $4.2M from $6.7M, while income from operations and net income saw significant increases to $2.2M and $2.0M, respectively. EPS rose to $0.08 from $0.05.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 1:04 pm

In Monday's after-market session, several consumer staples stocks experienced movement. Notable gainers included Better Choice Co (BTTR), Chanson International (CHSN), MedAvail Holdings (MDVL), Kenvue (KVUE), Davis Commodities (DTCK), and Flora Growth (FLGC), with increases ranging from 3.96% to 13.4%. On the losing side, Mama's Creations (MAMA), Maison Solutions (MSS), Shineco (SISI), Elevai Labs (ELAB), Mangoceuticals (MGRX), and AgriFORCE Growing Systems (AGRI) saw declines between 2.0% and 8.7%. The movements were attributed to market dynamics, with specific earnings releases mentioned for MAMA and MSS.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 9:31 pm

In Friday's intraday session, several consumer staples stocks experienced significant movements. Bruush Oral Care (BRSH) saw a 25.6% increase, while Natural Grocers (NGVC) rose by 20.62% following their Q4 earnings report. Beauty Health (SKIN) increased by 17.41% after its Q3 earnings report. Stryve Foods (SNAX), Lifevantage (LFVN), and Edible Garden AG (EDBL) also saw gains. Conversely, Davis Commodities (DTCK), Spectrum Brands Holdings (SPB), 22nd Century Group (XXII), Ispire Technology (ISPR), Paranovus Enter (PAVS), and Benson Hill (BHIL) experienced declines, with SPB dropping 10.32% after its Q4 earnings report.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 5:31 pm

Shares of Davis Commodities (DTCK) were halted on a circuit breaker after resuming trade, with the stock now down by 29.7%.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 3:25 pm

Shares of Davis Commodities (DTCK) were halted on a circuit breaker after resuming trade, with the stock now down by 5.16%.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 3:03 pm

Shares of Davis Commodities were halted on a circuit breaker to the downside, but the stock is now up by 5.87%.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 2:59 pm

In Monday's pre-market session, several consumer staples stocks saw significant movement. Chanson International, Missfresh, Davis Commodities, Freshpet, Oatly Group, and Reborn Coffee were among the gainers, while Companhia Brasileira, RiceBran Tech, Benson Hill, Treehouse Foods, Webuy Global, and Mangoceuticals were among the losers.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 1:06 pm

Several consumer staples stocks experienced significant movement in Wednesday's after-market session. Blue Star Foods, Clorox, e.l.f. Beauty, Alkaline Water Co, Bit Brother, and Davis Commodities saw gains, while Nu Skin Enterprises, Meiwu Technology Co, Mangoceuticals, Sadot Group, Benson Hill, and Maison Solutions experienced losses. Q1 and Q2 earnings reports were released for Clorox and e.l.f. Beauty respectively, while Q3 earnings reports were released for Nu Skin Enterprises and Mangoceuticals.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 9:31 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Notable gainers include Cellectis S.A. (NASDAQ:CLLS) due to strategic collaboration and investment agreements with AstraZeneca, and Patriot Transportation Holding, Inc. (NASDAQ:PATI) due to an acquisition agreement with United Petroleum Transports. Notable losers include WeWork Inc. (NYSE:WE) due to reports of nearing bankruptcy, and Paycom Software, Inc. (NYSE:PAYC) due to worse-than-expected third-quarter sales results and lowered FY23 revenue guidance.

Portfolio Pulse from Lisa Levin

November 01, 2023 | 5:59 pm

In Thursday's pre-market session, several consumer staples stocks experienced significant movement. China Jo-Jo Drugstores, Mangoceuticals, Blue Star Foods, Bruush Oral Care, and Alkaline Water Co saw increases, while The Real Good Food, Beyond Meat, Davis Commodities, Beauty Health, and Zevia experienced declines.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 1:06 pm

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