Dekeloil Public Ltd (LON:DKL)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 1.70 ($0.02) and last traded at GBX 1.85 ($0.02), with a volume of 50431 shares traded. The stock had previously closed at GBX 1.95 ($0.03).
Separately, VSA Capital reiterated a “buy” rating on shares of Dekeloil Public in a report on Thursday, October 10th.
The company has a debt-to-equity ratio of 114.06, a current ratio of 0.33 and a quick ratio of 0.11. The company has a fifty day moving average of GBX 2.27 and a 200-day moving average of GBX 2.87. The firm has a market capitalization of $7.83 million and a PE ratio of -3.70.
DekelOil Public Limited, through its subsidiaries, develops and cultivates palm oil plantations in the Republic of Cote d'Ivoire. The company produces and markets crude palm oil. It owns approximately 1,886 hectares of plantations. DekelOil Public Limited was incorporated in 2007 and is based in Limassol, Cyprus.
Further Reading: How does a security become overbought?
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