Dekel Agri-Vision (LON:DKL) Stock Price Down 7.1% – Here’s What Happened

Shares of Dekel Agri-Vision plc (LON:DKLGet Free Report) were down 7.1% during mid-day trading on Thursday . The company traded as low as GBX 0.35 and last traded at GBX 0.40. Approximately 4,709,911 shares changed hands during trading, an increase of 395% from the average daily volume of 952,133 shares. The stock had previously closed at GBX 0.43.

Dekel Agri-Vision Stock Down 7.1%

The company has a current ratio of 0.50, a quick ratio of 0.17 and a debt-to-equity ratio of 432.90. The stock has a 50-day simple moving average of GBX 0.42 and a 200-day simple moving average of GBX 0.44. The company has a market cap of £4.75 million, a price-to-earnings ratio of -0.40 and a beta of 0.97.

Insider Transactions at Dekel Agri-Vision

In other news, insider Lincoln John Moore sold 18,181,818 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total value of £181,818.18. Also, insider Yehoshua Shai Kol sold 67,302,344 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £673,023.44. In the last three months, insiders have sold 116,393,252 shares of company stock worth $116,393,252. Corporate insiders own 20.65% of the company’s stock.

Dekel Agri-Vision Company Profile

(Get Free Report)

Dekel Agri-Vision plc, through its subsidiaries, develops and cultivates palm oil plantations in the Republic of Cote d’Ivoire. The company operates through Crude Palm Oil and Raw Cashew Nut segments. It produces and sells palm oil, palm kernel oil, and palm kernel cakes. The company was formerly known as DekelOil Public Limited and changed its name to Dekel Agri-Vision plc in November 2019. Dekel Agri-Vision plc was incorporated in 2007 and is based in Limassol, Cyprus.

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