Dekel Agri-Vision (LON:DKL) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Dekel Agri-Vision plc (LON:DKL) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.39 and traded as low as GBX 0.38. Dekel Agri-Vision shares last traded at GBX 0.40, with a volume of 250 shares changing hands.

Dekel Agri-Vision Price Performance

The firm has a market cap of £4.84 million, a P/E ratio of -0.40 and a beta of 0.24. 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 business has a 50-day moving average of GBX 0.37 and a two-hundred day moving average of GBX 0.39.

Insider Activity at Dekel Agri-Vision

In other Dekel Agri-Vision news, insider Aristide C. Achybrou bought 60,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of GBX 1 per share, for a total transaction of £600,000. Also, insider Jonathan Johnson-Watts sold 60,000,000 shares of the company’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 transaction of £600,000. Corporate insiders own 53.56% of the company’s stock.

Dekel Agri-Vision Company Profile

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.