Dekel Agri-Vision (LON:DKL) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Dekel Agri-Vision plc (LON:DKL) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.38 and traded as high as GBX 0.40. Dekel Agri-Vision shares last traded at GBX 0.40, with a volume of 3,428 shares changing hands.

Dekel Agri-Vision Price Performance

The firm has a market capitalization of £4.84 million, a P/E ratio of -0.40 and a beta of 0.46. The business has a 50-day moving average of GBX 0.38 and a 200 day moving average of GBX 0.41. The company has a current ratio of 0.40, a quick ratio of 0.17 and a debt-to-equity ratio of 475.42.

Insider Buying and Selling at Dekel Agri-Vision

In other news, insider Lincoln John Moore sold 18,181,818 shares of the 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. Also, insider Aristide C. Achybrou acquired 118,393,256 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of GBX 1 per share, for a total transaction of £1,183,932.56. Over the last 90 days, insiders have sold 116,393,252 shares of company stock worth $116,393,252. 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.