Dekel Agri-Vision (LON:DKL) Hits New 52-Week Low – Here’s Why

Shares of Dekel Agri-Vision plc (LON:DKL) reached a new 52-week low on Monday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 474793 shares trading hands. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Stock Performance

The stock’s 50-day simple moving average is GBX 0.39 and its 200 day simple moving average is GBX 0.42. The company has a market cap of £4.26 million, a PE ratio of -0.35 and a beta of 0.24. The company has a debt-to-equity ratio of 432.90, a quick ratio of 0.17 and a current ratio of 0.50.

Insider Activity at Dekel Agri-Vision

In other Dekel Agri-Vision news, insider Aristide C. Achybrou purchased 118,393,256 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were purchased at an average price of GBX 1 per share, for a total transaction of £1,183,932.56. Also, insider Yehoshua Shai Kol sold 67,302,344 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total transaction of £673,023.44. Over the last three months, insiders sold 116,393,252 shares of company stock worth $116,393,252. 38.76% 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.