Dekel Agri-Vision (LON:DKL) Hits New 52-Week Low – What’s Next?

Shares of Dekel Agri-Vision plc (LON:DKL) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.35 and last traded at GBX 0.40, with a volume of 34633 shares traded. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Trading Down 1.6%

The business’s 50 day moving average price is GBX 0.41 and its two-hundred day moving average price is GBX 0.44. The company has a debt-to-equity ratio of 432.90, a quick ratio of 0.17 and a current ratio of 0.50. The company has a market capitalization of £4.44 million, a price-to-earnings ratio of -0.37 and a beta of 0.97.

Insider Transactions at Dekel Agri-Vision

In other news, insider Yehoshua Shai Kol sold 67,302,344 shares of Dekel Agri-Vision stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total transaction of £673,023.44. Also, insider Aristide C. Achybrou acquired 118,393,256 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was purchased at an average cost of GBX 1 per share, for a total transaction of £1,183,932.56. Over the last ninety days, insiders have sold 116,393,252 shares of company stock valued at $116,393,252. 20.65% 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.