Dekel Agri-Vision (LON:DKL) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Dekel Agri-Vision plc (LON:DKL)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.39 and traded as low as GBX 0.35. Dekel Agri-Vision shares last traded at GBX 0.35, with a volume of 39,215 shares changing hands.

Dekel Agri-Vision Trading Up 4.8%

The firm has a market capitalization of £4.76 million, a PE ratio of -0.39 and a beta of 0.46. The stock’s 50-day moving average price is GBX 0.37 and its 200 day moving average price is GBX 0.39. The company has a debt-to-equity ratio of 475.42, a current ratio of 0.40 and a quick ratio of 0.17.

Insider Buying and Selling at Dekel Agri-Vision

In other Dekel Agri-Vision news, insider Jonathan Johnson-Watts sold 60,000,000 shares of Dekel Agri-Vision stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of GBX 1, for a total transaction of £600,000. Also, insider Aristide C. Achybrou bought 60,000,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of GBX 1 per share, with a total value of £600,000. 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.