Dekel Agri-Vision (LON:DKL) Reaches New 52-Week Low – What’s Next?

Dekel Agri-Vision plc (LON:DKL)’s stock price reached a new 52-week low on Tuesday. The stock traded as low as GBX 0.30 and last traded at GBX 0.35, with a volume of 125758 shares changing hands. The stock had previously closed at GBX 0.35.

Dekel Agri-Vision Price Performance

The company has a current ratio of 0.37, a quick ratio of 0.17 and a debt-to-equity ratio of 455.30. The firm has a market capitalization of £4.24 million, a P/E ratio of -0.35 and a beta of 0.24. The company’s fifty day simple moving average is GBX 0.37 and its 200 day simple moving average is GBX 0.39.

Insider Activity

In related news, insider Jonathan Johnson-Watts sold 60,000,000 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of GBX 1, for a total value of £600,000. Also, insider Aristide C. Achybrou acquired 60,000,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of GBX 1 per share, with a total value of £600,000. 53.56% of the stock is owned by insiders.

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.