Dekel Agri-Vision (LON:DKL) Reaches New 12-Month Low – Here’s What Happened

Dekel Agri-Vision plc (LON:DKL)’s stock price hit a new 52-week low during trading on Monday. The stock traded as low as GBX 0.30 and last traded at GBX 0.40, with a volume of 348,567 shares. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Stock Performance

The company has a debt-to-equity ratio of 455.30, a current ratio of 0.37 and a quick ratio of 0.17. The firm has a market capitalization of £4.84 million, a P/E ratio of -0.40 and a beta of 0.24. The stock’s 50 day moving average is GBX 0.36 and its two-hundred day moving average is GBX 0.38.

Insider Buying and Selling

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