Dekel Agri-Vision (LON:DKL) Hits New 12-Month Low – Time to Sell?

Dekel Agri-Vision plc (LON:DKL)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 1011580 shares trading hands. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Stock Up 6.7%

The stock has a market capitalization of £4.84 million, a price-to-earnings ratio of -0.40 and a beta of 0.46. The business has a 50-day moving average of GBX 0.37 and a 200-day moving average of GBX 0.40. 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 other news, insider Jonathan Johnson-Watts sold 60,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of GBX 1, for a total value of £600,000. Also, insider Aristide C. Achybrou acquired 60,000,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of GBX 1 per share, for a total transaction of £600,000. Company insiders own 53.56% of the company’s stock.

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.