Dekel Agri-Vision (LON:DKL) Reaches New 1-Year Low – What’s Next?

Dekel Agri-Vision plc (LON:DKL)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.35 and last traded at GBX 0.38, with a volume of 1223012 shares traded. The stock had previously closed at GBX 0.38.

Dekel Agri-Vision Stock Performance

The stock has a market capitalization of £4.51 million, a PE ratio of -0.38 and a beta of 0.97. The company has a debt-to-equity ratio of 432.90, a current ratio of 0.50 and a quick ratio of 0.17. The business’s fifty day moving average price is GBX 0.41 and its 200-day moving average price is GBX 0.44.

Insider Activity

In other news, insider Aristide C. Achybrou purchased 118,393,256 shares of the stock in a transaction dated Tuesday, May 12th. The shares were purchased 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 company’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 transaction of £309,090.90. In the last three months, insiders sold 116,393,252 shares of company stock valued at $116,393,252. Corporate 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.