Dekel Agri-Vision (LON:DKL) Hits New 1-Year Low – Here’s Why

Dekel Agri-Vision plc (LON:DKL) shares reached a new 52-week low on Thursday. The company traded as low as GBX 0.25 and last traded at GBX 0.25, with a volume of 769,577 shares changing hands. The stock had previously closed at GBX 0.28.

Dekel Agri-Vision Stock Down 9.1%

The company has a market capitalization of £3.03 million, a P/E ratio of -0.25 and a beta of 0.24. The company has a debt-to-equity ratio of 455.30, a quick ratio of 0.17 and a current ratio of 0.37. The firm’s fifty day moving average is GBX 0.35 and its 200-day moving average is GBX 0.39.

Insider Activity at Dekel Agri-Vision

In other Dekel Agri-Vision news, insider Jonathan Johnson-Watts sold 60,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of GBX 1, for a total value of £600,000. Also, insider Aristide C. Achybrou bought 60,000,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of GBX 1 per share, for a total transaction of £600,000. 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.