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

Dekel Agri-Vision plc (LON:DKL) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 67768 shares trading hands. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Stock Down 6.7%

The company’s 50 day moving average price is GBX 0.40 and its two-hundred day moving average price is GBX 0.43. The stock has a market cap of £4.24 million, a P/E ratio of -0.35 and a beta of 0.97. The company has a current ratio of 0.50, a quick ratio of 0.17 and a debt-to-equity ratio of 432.90.

Insider Activity at Dekel Agri-Vision

In related news, insider Aristide C. Achybrou acquired 118,393,256 shares of Dekel Agri-Vision stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of GBX 1 per share, for a total transaction of £1,183,932.56. Also, insider Yehoshua Shai Kol sold 67,302,344 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total transaction of £673,023.44. In the last three months, insiders have sold 116,393,252 shares of company stock worth $116,393,252. 38.76% of the stock is currently owned by corporate insiders.

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.