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

Dekel Agri-Vision plc (LON:DKL)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 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 trading hands.

Dekel Agri-Vision Trading Up 6.7%

The firm has a market capitalization of £4.84 million, a price-to-earnings ratio of -0.40 and a beta of 0.46. The company has a debt-to-equity ratio of 475.42, a current ratio of 0.40 and a quick ratio of 0.17. The firm’s 50-day simple moving average is GBX 0.38 and its 200 day simple moving average is GBX 0.41.

Insider Activity at Dekel Agri-Vision

In other news, insider Yehoshua Shai Kol sold 67,302,344 shares of Dekel Agri-Vision stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of GBX 1, for a total transaction of £673,023.44. Also, insider Aristide C. Achybrou acquired 118,393,256 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average price of GBX 1 per share, with a total value of £1,183,932.56. Over the last 90 days, insiders sold 116,393,252 shares of company stock valued at $116,393,252. Company insiders own 53.56% of the company’s stock.

About Dekel Agri-Vision

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.