Dekel Agri-Vision (LON:DKL) Sets New 1-Year Low – Here’s Why

Dekel Agri-Vision plc (LON:DKLGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 59642 shares changing hands. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Stock Down 12.3%

The company has a debt-to-equity ratio of 475.42, a current ratio of 0.40 and a quick ratio of 0.17. The firm has a market capitalization of £4.25 million, a P/E ratio of -0.35 and a beta of 0.46. The company’s 50-day simple moving average is GBX 0.39 and its two-hundred day simple moving average is GBX 0.42.

Insider Buying and Selling

In related news, insider Lincoln John Moore sold 18,181,818 shares of Dekel Agri-Vision stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total transaction of £181,818.18. Also, insider Aristide C. Achybrou purchased 118,393,256 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average cost of GBX 1 per share, with a total value of £1,183,932.56. Insiders sold a total of 116,393,252 shares of company stock valued at $116,393,252 in the last 90 days. 53.56% of the stock is owned by company insiders.

About Dekel Agri-Vision

(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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