Dialight (LON:DIA) Sets New 12-Month High – Time to Buy?

Dialight plc (LON:DIA)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 370 and last traded at GBX 360, with a volume of 41021 shares changing hands. The stock had previously closed at GBX 359.

Dialight Stock Up 2.6%

The company has a current ratio of 1.96, a quick ratio of 0.78 and a debt-to-equity ratio of 98.34. The business has a 50-day moving average price of GBX 302.24 and a 200-day moving average price of GBX 313.05. The firm has a market cap of £157.89 million, a P/E ratio of 21.47, a P/E/G ratio of 0.32 and a beta of 0.63.

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.