Dekeloil Public (LON:DKL) Stock Crosses Above Fifty Day Moving Average of $2.85

Dekeloil Public Ltd (LON:DKL) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.85 and traded as high as $2.54. Dekeloil Public shares last traded at $2.54, with a volume of 22,000 shares trading hands.

Separately, VSA Capital reiterated a “buy” rating on shares of Dekeloil Public in a research report on Tuesday, September 3rd.

The company has a 50-day simple moving average of GBX 2.84 and a 200-day simple moving average of GBX 3.07. The company has a debt-to-equity ratio of 155.99, a quick ratio of 0.03 and a current ratio of 0.28. The stock has a market cap of $10.76 million and a P/E ratio of -5.00.

About Dekeloil Public (LON:DKL)

DekelOil Public Limited, through its subsidiaries, develops and cultivates palm oil plantations in the Republic of Cote d'Ivoire. The company produces and markets crude palm oil. It owns approximately 1,886 hectares of plantations. DekelOil Public Limited was incorporated in 2007 and is based in Limassol, Cyprus.

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