Dekel Agri-Vision (LON:DKL) Reaches New 12-Month Low – Should You Sell?

Dekel Agri-Vision plc (LON:DKL) shares hit 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 67768 shares. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Stock Down 12.3%

The stock’s fifty day moving average price is GBX 0.40 and its 200-day moving average price is GBX 0.43. The company has a quick ratio of 0.17, a current ratio of 0.50 and a debt-to-equity ratio of 432.90. The company has a market capitalization of £4.25 million, a price-to-earnings ratio of -0.35 and a beta of 0.97.

Insider Buying and Selling at Dekel Agri-Vision

In other Dekel Agri-Vision news, insider Aristide C. Achybrou bought 118,393,256 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average price of GBX 1 per share, with a total value of £1,183,932.56. Also, insider Jonathan Johnson-Watts sold 30,909,090 shares of Dekel Agri-Vision stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total transaction of £309,090.90. Insiders sold a total of 116,393,252 shares of company stock worth $116,393,252 in the last three months. 38.76% of the stock is currently owned by company 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.