Dekel Agri-Vision (LON:DKL) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Dekel Agri-Vision plc (LON:DKL) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 0.38 and traded as high as GBX 0.40. Dekel Agri-Vision shares last traded at GBX 0.40, with a volume of 3,428 shares traded.

Dekel Agri-Vision Trading Up 6.7%

The stock has a 50 day moving average of GBX 0.38 and a 200-day moving average of GBX 0.41. The company 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.

Insider Activity

In other Dekel Agri-Vision news, insider Yehoshua Shai Kol sold 67,302,344 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of GBX 1, for a total value of £673,023.44. Also, insider Aristide C. Achybrou acquired 118,393,256 shares of Dekel Agri-Vision stock in a transaction dated Tuesday, May 12th. The stock was purchased at an average cost of GBX 1 per share, with a total value of £1,183,932.56. Insiders sold 116,393,252 shares of company stock worth $116,393,252 over the last ninety days. Company 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.