Dekel Agri-Vision (LON:DKL) Sets New 52-Week Low – Time to Sell?

Dekel Agri-Vision plc (LON:DKL) hit a new 52-week low on Tuesday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 743546 shares changing hands. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Trading Up 6.7%

The stock has a market capitalization of £4.84 million, a P/E ratio of -0.40 and a beta of 0.46. 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 business has a 50-day moving average price of GBX 0.37 and a two-hundred day moving average price of GBX 0.40.

Insider Buying and Selling

In other Dekel Agri-Vision news, insider Lincoln John Moore sold 18,181,818 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 £181,818.18. Also, insider Jonathan Johnson-Watts sold 30,909,090 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total transaction of £309,090.90. Insiders sold 116,393,252 shares of company stock worth $116,393,252 in the last ninety days. 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.