Dekel Agri-Vision (LON:DKL) Hits New 1-Year Low – What’s Next?

Dekel Agri-Vision plc (LON:DKL) hit a new 52-week low on Monday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 67768 shares traded. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Stock 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 stock’s 50-day moving average is GBX 0.40 and its 200 day moving average is GBX 0.43. The firm has a market cap of £4.25 million, a P/E ratio of -0.35 and a beta of 0.97.

Insiders Place Their Bets

In other news, insider Lincoln John Moore sold 18,181,818 shares of Dekel Agri-Vision stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total transaction of £181,818.18. Also, insider Jonathan Johnson-Watts sold 30,909,090 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 £309,090.90. Insiders have sold 116,393,252 shares of company stock valued at $116,393,252 over the last ninety days. 38.76% of the stock is owned by insiders.

About Dekel Agri-Vision

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.