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

Shares of Dekel Agri-Vision plc (LON:DKL) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 1011580 shares. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Trading Down 12.5%

The stock has a fifty day moving average of GBX 0.37 and a 200-day moving average of GBX 0.40. The company has a market cap of £4.24 million, a PE ratio of -0.35 and a beta of 0.46. The company has a debt-to-equity ratio of 475.42, a quick ratio of 0.17 and a current ratio of 0.40.

Insiders Place Their Bets

In other 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 Aristide C. Achybrou purchased 118,393,256 shares of Dekel Agri-Vision stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average cost of GBX 1 per share, for a total transaction of £1,183,932.56. Insiders have sold a total of 116,393,252 shares of company stock valued at $116,393,252 in the last three months. 53.56% of the stock is 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.