Dekel Agri-Vision (LON:DKL) Reaches New 52-Week Low – Here’s What Happened

Shares of Dekel Agri-Vision plc (LON:DKL) reached a new 52-week low on Monday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 12396 shares trading hands. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Stock Down 6.7%

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 fifty day simple moving average of GBX 0.40 and a 200 day simple moving average of GBX 0.42. The firm has a market capitalization of £4.24 million, a P/E ratio of -0.35 and a beta of 0.24.

Insider Buying and Selling

In related news, insider Jonathan Johnson-Watts sold 30,909,090 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 value of £309,090.90. Also, insider Yehoshua Shai Kol sold 67,302,344 shares of the 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. Insiders sold 116,393,252 shares of company stock worth $116,393,252 in the last 90 days. 38.76% of the stock is 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.