Dekel Agri-Vision (LON:DKL) Sets New 52-Week Low – Should You Sell?

Dekel Agri-Vision plc (LON:DKL)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 1055934 shares traded. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Stock Up 3.7%

The stock has a market cap of £4.71 million, a price-to-earnings ratio of -0.39 and a beta of 0.46. The company has a current ratio of 0.40, a quick ratio of 0.17 and a debt-to-equity ratio of 475.42. The firm’s 50 day moving average is GBX 0.37 and its two-hundred day moving average is GBX 0.41.

Insider Activity

In other news, insider Aristide C. Achybrou purchased 118,393,256 shares of the stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of GBX 1 per share, for a total transaction of £1,183,932.56. Also, insider Jonathan Johnson-Watts sold 30,909,090 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total transaction of £309,090.90. In the last ninety days, insiders have sold 116,393,252 shares of company stock valued at $116,393,252. 53.56% of the stock is owned by corporate 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.