Insider Selling: Dekel Agri-Vision (LON:DKL) Insider Sells 60,000,000 Shares of Stock

Key Points

  • Insider sale: Jonathan Johnson-Watts sold 60 million Dekel Agri-Vision shares at an average price of GBX 1, for total proceeds of £600,000.
  • Stock performance: Shares opened at GBX 0.37, with a 52-week range of GBX 0.31 to GBX 0.60 and a market capitalization of approximately £4.44 million.
  • Financial profile: Dekel Agri-Vision operates palm oil and cashew businesses in Côte d’Ivoire; its reported debt-to-equity ratio is 475.42, while its current and quick ratios are below 1.

Dekel Agri-Vision plc (LON:DKL - Get Free Report) insider Jonathan Johnson-Watts sold 60,000,000 shares of Dekel Agri-Vision stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of GBX 1, for a total transaction of £600,000.

Dekel Agri-Vision Price Performance

Shares of LON DKL opened at GBX 0.37 on Wednesday. The stock has a market cap of £4.44 million, a price-to-earnings ratio of -0.37 and a beta of 0.46. The company has a debt-to-equity ratio of 475.42, a quick ratio of 0.17 and a current ratio of 0.40. Dekel Agri-Vision plc has a fifty-two week low of GBX 0.31 and a fifty-two week high of GBX 0.60. The firm's 50-day simple moving average is GBX 0.37 and its 200 day simple moving average is GBX 0.40.

About Dekel Agri-Vision

(Get Free Report)

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.

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