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

Dekel Agri-Vision plc (LON:DKL) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.35 and last traded at GBX 0.38, with a volume of 1223012 shares changing hands. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Stock Performance

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 business’s fifty day simple moving average is GBX 0.41 and its 200-day simple moving average is GBX 0.43. The firm has a market capitalization of £4.28 million, a PE ratio of -0.36 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 the stock in a transaction that occurred 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 Lincoln John Moore sold 18,181,818 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £181,818.18. Insiders have sold a total of 116,393,252 shares of company stock valued at $116,393,252 over the last quarter. 38.76% of the stock is owned by 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.