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

Dekel Agri-Vision plc (LON:DKL) shares reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as GBX 0.30 and last traded at GBX 0.35, with a volume of 125758 shares. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Price Performance

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 455.30, a current ratio of 0.37 and a quick ratio of 0.17. The firm has a 50-day simple moving average of GBX 0.37 and a 200 day simple moving average of GBX 0.39.

Insider Activity

In related news, insider Jonathan Johnson-Watts sold 60,000,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of GBX 1, for a total transaction of £600,000. Also, insider Aristide C. Achybrou acquired 60,000,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of GBX 1 per share, for a total transaction of £600,000. 53.56% of the stock is owned by company 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.