Dekel Agri-Vision (LON:DKL) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Dekel Agri-Vision plc (LON:DKL)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.39 and traded as low as GBX 0.35. Dekel Agri-Vision shares last traded at GBX 0.35, with a volume of 545,000 shares traded.

Dekel Agri-Vision Stock Down 6.4%

The company has a current ratio of 0.40, a quick ratio of 0.17 and a debt-to-equity ratio of 475.42. The firm has a market cap of £4.25 million, a P/E ratio of -0.35 and a beta of 0.46. The company’s 50 day simple moving average is GBX 0.37 and its 200-day simple moving average is GBX 0.39.

Insider Activity at Dekel Agri-Vision

In related news, insider Aristide C. Achybrou acquired 60,000,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of GBX 1 per share, for a total transaction of £600,000. Also, insider Jonathan Johnson-Watts sold 60,000,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of GBX 1, for a total transaction of £600,000. 53.56% 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.