Dekel Agri-Vision (LON:DKL) Reaches 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 stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 705366 shares traded. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Price Performance

The company has a fifty day moving average of GBX 0.41 and a 200-day moving average of GBX 0.43. The firm has a market cap of £4.24 million, a P/E ratio of -0.35 and a beta of 0.97. The company has a debt-to-equity ratio of 432.90, a current ratio of 0.50 and a quick ratio of 0.17.

Insiders Place Their Bets

In other Dekel Agri-Vision news, insider Jonathan Johnson-Watts sold 30,909,090 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 value of £309,090.90. Also, insider Yehoshua Shai Kol sold 67,302,344 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £673,023.44. Insiders have sold 116,393,252 shares of company stock worth $116,393,252 over the last 90 days. 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.