Dekel Agri-Vision (LON:DKL) Trading Down 12.4% After Insider Selling

Dekel Agri-Vision plc (LON:DKLGet Free Report) shares were down 12.4% during trading on Thursday following insider selling activity. The stock traded as low as GBX 0.40 and last traded at GBX 0.42. Approximately 2,427,922 shares traded hands during mid-day trading, an increase of 191% from the average daily volume of 835,769 shares. The stock had previously closed at GBX 0.48.

Specifically, insider Jonathan Johnson-Watts sold 30,909,090 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total value of £309,090.90. Also, insider Yehoshua Shai Kol sold 67,302,344 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £673,023.44. In related news, insider Lincoln John Moore sold 18,181,818 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total value of £181,818.18.

Dekel Agri-Vision Price Performance

The company has a debt-to-equity ratio of 432.90, a quick ratio of 0.17 and a current ratio of 0.50. The company has a 50-day moving average of GBX 0.42 and a 200-day moving average of GBX 0.44. The firm has a market capitalization of £4.67 million, a price-to-earnings ratio of -0.39 and a beta of 0.97.

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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