Dekel Agri-Vision (LON:DKL) Hits New 1-Year Low – Should You Sell?

Dekel Agri-Vision plc (LON:DKL)’s share price reached a new 52-week low during trading on Tuesday. The company traded as low as GBX 0.30 and last traded at GBX 0.30, with a volume of 92 shares changing hands. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Stock Down 14.3%

The company has a market capitalization of £3.63 million, a PE ratio of -0.30 and a beta of 0.24. The firm’s 50-day simple moving average is GBX 0.37 and its 200 day simple moving average is GBX 0.38. The company has a debt-to-equity ratio of 455.30, a quick ratio of 0.17 and a current ratio of 0.37.

Insider Buying and Selling

In other news, insider Aristide C. Achybrou purchased 60,000,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average price of GBX 1 per share, for a total transaction of £600,000. Also, insider Jonathan Johnson-Watts sold 60,000,000 shares of Dekel Agri-Vision stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of GBX 1, for a total value of £600,000. 53.56% of the stock is currently owned by company 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.