Dekel Agri-Vision (LON:DKL) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Dekel Agri-Vision plc (LON:DKLGet Free Report) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 0.37 and traded as low as GBX 0.35. Dekel Agri-Vision shares last traded at GBX 0.35, with a volume of 7,917 shares traded.

Dekel Agri-Vision Price Performance

The stock has a 50 day simple moving average of GBX 0.37 and a two-hundred day simple moving average of GBX 0.39. The firm has a market cap of £4.24 million, a PE ratio of -0.35 and a beta of 0.24. The company has a debt-to-equity ratio of 475.42, a quick ratio of 0.17 and a current ratio of 0.40.

Insider Activity

In related news, insider Aristide C. Achybrou purchased 60,000,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of GBX 1 per share, with a total value of £600,000. Also, insider Jonathan Johnson-Watts sold 60,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of GBX 1, for a total value of £600,000. 53.56% of the stock is owned by company insiders.

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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