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Why Is Penny Stock Delixy (DLXY) Up 88% Today?
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Delixy Holdings Ltd a holding company. Through its subsidiary, it is principally engaged in the trading of oil-related products, which are broadly categorized into crude oil and oil-based products, including naphtha, motor gasoline, gas oil, fuel oil, asphalt, base oil, and other petrochemicals. These products are traded across multiple countries in Southeast Asia, East Asia, and the Middle East, and the Group has established a presence in the oil trading markets in these countries. The majority of the Group's revenue is generated from the trading of crude oil. Geographically, it derives maximum revenue from its business in East Asia.
Delixy Holdings Limited - Class A trades on the NASDAQ stock market under the symbol DLXY.
As of September 17, 2026, DLXY stock price declined to $0.84 with 8,644,039 million shares trading.
DLXY has a beta of -1.35, meaning it tends to be less sensitive to market movements. DLXY has a correlation of 0.01 to the broad based SPY ETF.
DLXY has a market cap of $13.81 million. This is considered a Sub-Micro Cap stock.
DLXY has underperformed the market in the last year with a return of -84.7%, while SPY returned +16.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DLXY shares. However, DLXY has outperformed the market in the last 3 month and 2 week periods, returning +87.7% and +92.0%, while SPY returned +1.9% and -0.3%, respectively. This indicates DLXY has been having a stronger performance recently.
DLXY support price is $2.08 and resistance is $2.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DLXY shares will trade within this expected range on the day.