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

Dekel Agri-Vision plc (LON:DKL) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 705366 shares trading hands. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Price Performance

The company has a current ratio of 0.50, a quick ratio of 0.17 and a debt-to-equity ratio of 432.90. The business has a 50-day moving average price of GBX 0.41 and a 200 day moving average price of GBX 0.43. The stock has a market cap of £4.24 million, a PE ratio of -0.35 and a beta of 0.97.

Insider Transactions at Dekel Agri-Vision

In other news, insider Aristide C. Achybrou purchased 118,393,256 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of GBX 1 per share, with a total value of £1,183,932.56. Also, insider Lincoln John Moore sold 18,181,818 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £181,818.18. Insiders sold 116,393,252 shares of company stock worth $116,393,252 over the last quarter. 38.76% of the stock is currently 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.