Dekel Agri-Vision (LON:DKL) Sets New 52-Week Low – Here’s Why

Shares of Dekel Agri-Vision plc (LON:DKL) hit a new 52-week low on Thursday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 1055934 shares. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Stock Down 6.7%

The company has a current ratio of 0.40, a quick ratio of 0.17 and a debt-to-equity ratio of 475.42. The stock’s 50-day moving average price is GBX 0.38 and its 200-day moving average price is GBX 0.41. The company has a market cap of £4.24 million, a P/E ratio of -0.35 and a beta of 0.46.

Insider Transactions at Dekel Agri-Vision

In other news, insider Aristide C. Achybrou bought 118,393,256 shares of the stock in a transaction dated Tuesday, May 12th. The shares were bought at an average cost 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 the firm’s 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. In the last three months, insiders have sold 116,393,252 shares of company stock worth $116,393,252. Insiders own 53.56% 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.