Dekel Agri-Vision (LON:DKL) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Dekel Agri-Vision plc (LON:DKL) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.29 ($0.02) and traded as low as GBX 1.26 ($0.02). Dekel Agri-Vision shares last traded at GBX 1.26 ($0.02), with a volume of 81,822 shares trading hands.

Dekel Agri-Vision Price Performance

The company has a debt-to-equity ratio of 327.44, a current ratio of 0.52 and a quick ratio of 0.17. The business’s 50 day moving average price is GBX 1.41 and its 200 day moving average price is GBX 1.29. The stock has a market capitalization of £7.22 million, a P/E ratio of -129.00 and a beta of 0.97.

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.