Dekel Agri-Vision (LON:DKL) Hits New 12-Month Low – Should You Sell?

Dekel Agri-Vision plc (LON:DKL)’s share price hit a new 52-week low on Monday . The stock traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 59642 shares. The stock had previously closed at GBX 0.40.

Dekel Agri-Vision Price Performance

The company has a current ratio of 0.40, a quick ratio of 0.17 and a debt-to-equity ratio of 475.42. The firm has a market cap of £4.25 million, a PE ratio of -0.35 and a beta of 0.46. The stock has a 50 day simple moving average of GBX 0.39 and a 200-day simple moving average of GBX 0.42.

Insiders Place Their Bets

In other news, insider Yehoshua Shai Kol sold 67,302,344 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total value of £673,023.44. Also, insider Lincoln John Moore sold 18,181,818 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 £181,818.18. In the last ninety days, insiders sold 116,393,252 shares of company stock worth $116,393,252. 53.56% of the stock is currently 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.