Dialight (LON:DIA) Sets New 52-Week High – What’s Next?
by Renee Jackson · The Cerbat GemDialight plc (LON:DIA – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 350 and last traded at GBX 350, with a volume of 16550 shares trading hands. The stock had previously closed at GBX 340.
Dialight Stock Performance
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 firm has a fifty day moving average price of GBX 297.97 and a 200 day moving average price of GBX 235.14. The firm has a market cap of £136.87 million, a PE ratio of 18.70, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30.
Insider Transactions at Dialight
In other news, insider Neil A. Johnson bought 14,360 shares of Dialight stock in a transaction on Tuesday, November 11th. The shares were bought at an average cost of GBX 270 per share, with a total value of £38,772. Insiders own 5.20% of the company’s stock.
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.