Dekel Agri-Vision (LON:DKL) Stock Price Down 7.1% – Here’s What Happened

Shares of Dekel Agri-Vision plc (LON:DKL) traded down 7.1% during mid-day trading on Thursday . The stock traded as low as GBX 0.35 and last traded at GBX 0.40. 4,709,911 shares changed hands during trading, an increase of 395% from the average session volume of 952,133 shares. The stock had previously closed at GBX 0.43.

Dekel Agri-Vision Stock Down 7.1%

The company has a debt-to-equity ratio of 432.90, a quick ratio of 0.17 and a current ratio of 0.50. The firm has a market capitalization of £4.75 million, a P/E ratio of -0.40 and a beta of 0.97. The stock has a fifty day moving average price of GBX 0.42 and a two-hundred day moving average price of GBX 0.44.

Insider Transactions at Dekel Agri-Vision

In other news, insider Yehoshua Shai Kol sold 67,302,344 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total value of £673,023.44. Also, insider Jonathan Johnson-Watts sold 30,909,090 shares of the business’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 £309,090.90. Insiders have sold a total of 116,393,252 shares of company stock valued at $116,393,252 over the last 90 days. Insiders own 20.65% 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.