Dekeloil Public (LON:DKL) Share Price Crosses Above Fifty Day Moving Average of $2.85

Dekeloil Public Ltd (LON:DKL)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.85 and traded as high as $2.54. Dekeloil Public shares last traded at $2.54, with a volume of 22,000 shares changing hands.

Separately, VSA Capital reissued a “buy” rating on shares of Dekeloil Public in a research note on Tuesday, September 3rd.

The company has a debt-to-equity ratio of 155.99, a current ratio of 0.28 and a quick ratio of 0.03. The stock has a market capitalization of $10.76 million and a price-to-earnings ratio of -5.00. The business has a 50 day simple moving average of GBX 2.84 and a 200-day simple moving average of GBX 3.07.

About Dekeloil Public (LON:DKL)

DekelOil Public Limited, through its subsidiaries, develops and cultivates palm oil plantations in the Republic of Cote d'Ivoire. The company produces and markets crude palm oil. It owns approximately 1,886 hectares of plantations. DekelOil Public Limited was incorporated in 2007 and is based in Limassol, Cyprus.

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