Dekel Agri-Vision (LON:DKL) Shares Down 13.3% – Should You Sell?

Dekel Agri-Vision plc (LON:DKL)’s share price fell 13.3% on Monday. The company traded as low as GBX 0.32 and last traded at GBX 0.35. 5,394,022 shares changed hands during trading, an increase of 636% from the average daily volume of 733,025 shares. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Price Performance

The company has a 50-day moving average of GBX 0.37 and a two-hundred day moving average of GBX 0.39. The stock has a market capitalization of £4.20 million, a PE ratio of -0.35 and a beta of 0.24. The company has a debt-to-equity ratio of 475.42, a current ratio of 0.40 and a quick ratio of 0.17.

Insider Transactions at Dekel Agri-Vision

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