Dekel Agri-Vision (LON:DKL) Reaches New 12-Month Low – What’s Next?

Dekel Agri-Vision plc (LON:DKL) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 0.35 and last traded at GBX 0.40, with a volume of 34633 shares changing hands. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Stock Up 6.7%

The company has a quick ratio of 0.17, a current ratio of 0.50 and a debt-to-equity ratio of 432.90. The stock has a 50-day moving average of GBX 0.41 and a 200 day moving average of GBX 0.44. The company has a market capitalization of £4.81 million, a PE ratio of -0.40 and a beta of 0.97.

Insider Buying and Selling

In other news, insider Lincoln John Moore sold 18,181,818 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total value of £181,818.18. Also, insider Aristide C. Achybrou acquired 118,393,256 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average cost of GBX 1 per share, with a total value of £1,183,932.56. Insiders sold 116,393,252 shares of company stock valued at $116,393,252 over the last three months. Insiders own 20.65% 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.