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

Dekel Agri-Vision plc (LON:DKL) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 1055934 shares. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Trading Down 6.7%

The business’s 50 day moving average price is GBX 0.38 and its two-hundred day moving average price is GBX 0.41. The company has a current ratio of 0.40, a quick ratio of 0.17 and a debt-to-equity ratio of 475.42. The company has a market capitalization of £4.24 million, a price-to-earnings ratio of -0.35 and a beta of 0.46.

Insider Activity at Dekel Agri-Vision

In other Dekel Agri-Vision news, insider Jonathan Johnson-Watts sold 30,909,090 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total transaction of £309,090.90. Also, insider Yehoshua Shai Kol sold 67,302,344 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £673,023.44. Over the last three months, insiders have sold 116,393,252 shares of company stock worth $116,393,252. Corporate insiders own 53.56% 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.