Dekel Agri-Vision (LON:DKL) Hits New 52-Week Low – Here’s Why

Dekel Agri-Vision plc (LON:DKL)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 59642 shares traded. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Price Performance

The stock has a market capitalization of £4.84 million, a PE ratio of -0.40 and a beta of 0.46. The company has a quick ratio of 0.17, a current ratio of 0.40 and a debt-to-equity ratio of 475.42. The stock’s 50 day moving average price is GBX 0.39 and its 200-day moving average price is GBX 0.42.

Insider Activity at Dekel Agri-Vision

In other Dekel Agri-Vision news, insider Lincoln John Moore sold 18,181,818 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £181,818.18. Also, insider Jonathan Johnson-Watts sold 30,909,090 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total transaction of £309,090.90. Over the last 90 days, insiders have sold 116,393,252 shares of company stock worth $116,393,252. Corporate 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.