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

Dekel Agri-Vision plc (LON:DKL)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 705366 shares. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Trading Down 6.4%

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’s fifty day simple moving average is GBX 0.41 and its 200-day simple moving average is GBX 0.43. The company has a market capitalization of £4.25 million, a P/E ratio of -0.35 and a beta of 0.97.

Insider Buying and Selling

In related news, insider Yehoshua Shai Kol sold 67,302,344 shares of the company’s 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 bought 118,393,256 shares of Dekel Agri-Vision stock in a transaction on Tuesday, May 12th. The stock was purchased at an average price of GBX 1 per share, with a total value of £1,183,932.56. Over the last 90 days, insiders have sold 116,393,252 shares of company stock valued at $116,393,252. Company insiders own 38.76% 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.