Dekel Agri-Vision (LON:DKL) Reaches New 1-Year Low – Time to Sell?

Dekel Agri-Vision plc (LON:DKL)’s stock price reached a new 52-week low on Wednesday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 176924 shares changing hands. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Stock Performance

The stock’s 50-day moving average is GBX 0.37 and its 200-day moving average is GBX 0.40. The stock has a market cap of £4.24 million, a price-to-earnings ratio of -0.35 and a beta of 0.46. The company has a debt-to-equity ratio of 475.42, a current ratio of 0.40 and a quick ratio of 0.17.

Insiders Place Their Bets

In other Dekel Agri-Vision news, insider Aristide C. Achybrou acquired 118,393,256 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average price of GBX 1 per share, for a total transaction of £1,183,932.56. Also, insider Jonathan Johnson-Watts sold 30,909,090 shares of Dekel Agri-Vision stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £309,090.90. In the last quarter, insiders sold 116,393,252 shares of company stock worth $116,393,252. 53.56% of the stock is owned by company insiders.

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.