Dialight (LON:DIA) Sets New 52-Week High – Here’s What Happened

by · The Cerbat Gem

Dialight plc (LON:DIA – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 330 and last traded at GBX 310, with a volume of 137854 shares. The stock had previously closed at GBX 312.

Dialight Stock Down 0.6%

The business has a fifty day moving average price of GBX 267.50 and a two-hundred day moving average price of GBX 210.68. The company has a current ratio of 1.40, a quick ratio of 0.78 and a debt-to-equity ratio of 59.65. The company has a market cap of £123.34 million, a price-to-earnings ratio of -9.01, a P/E/G ratio of 0.32 and a beta of 0.30.

Insider Activity at Dialight

In related news, insider Neil A. Johnson purchased 14,360 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was bought at an average price of GBX 270 per share, for a total transaction of £38,772. 5.16% of the stock is currently owned by company insiders.

About Dialight

(Get Free Report)

Dialight (LSE: DIA.L) is a global leader in sustainable LED lighting for industrial applications. Dialight’s LED products are providing the next generation of lighting solutions that deliver reduced energy consumption and create a safer working environment. Our products are specifically designed to provide superior operational performance, reliability and durability, reducing energy consumption and ongoing maintenance, and achieving a rapid return on investment.

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