Dekel Agri-Vision (LON:DKL) Hits New 1-Year Low – Here’s Why

Dekel Agri-Vision plc (LON:DKL)’s share price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as GBX 0.30 and last traded at GBX 0.35, with a volume of 125758 shares traded. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Price Performance

The stock has a market capitalization of £4.24 million, a P/E ratio of -0.35 and a beta of 0.24. The company has a current ratio of 0.37, a quick ratio of 0.17 and a debt-to-equity ratio of 455.30. The firm’s fifty day moving average is GBX 0.37 and its 200-day moving average is GBX 0.38.

Insider Activity at Dekel Agri-Vision

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