Dialight (LON:DIA) Stock Crosses Above 200 Day Moving Average – What’s Next?
by Tristan Rich · The Markets DailyShares of Dialight plc (LON:DIA – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 261.68 and traded as high as GBX 310. Dialight shares last traded at GBX 298, with a volume of 44,032 shares traded.
Dialight Stock Down 1.3%
The company has a market cap of £118.57 million, a price-to-earnings ratio of 16.20, a P/E/G ratio of 0.32 and a beta of 0.30. The company has a debt-to-equity ratio of 59.65, a current ratio of 1.40 and a quick ratio of 0.78. The firm has a 50-day moving average price of GBX 331.39 and a 200 day moving average price of GBX 262.21.
Insider Buying and Selling
In other news, insider Neil A. Johnson acquired 14,360 shares of the stock in a transaction on Tuesday, November 11th. The shares were purchased at an average price of GBX 270 per share, for a total transaction of £38,772. 5.20% of the stock is currently owned by corporate insiders.
About Dialight
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. The company is headquartered in the UK with operations in Australia, Dubai, the EU, Malaysia, Mexico, Singapore, the UK, and the USA.