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

Dialight plc (LON:DIA) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 330 and last traded at GBX 310, with a volume of 137854 shares changing hands. The stock had previously closed at GBX 312.

Dialight Price Performance

The business’s fifty day simple moving average is GBX 267.50 and its 200 day simple moving average is GBX 210.68. The company has a debt-to-equity ratio of 59.65, a quick ratio of 0.78 and a current ratio of 1.40. The stock has a market cap of £123.34 million, a price-to-earnings ratio of -9.01, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30.

Insider Transactions at Dialight

In related news, insider Neil A. Johnson purchased 14,360 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were acquired at an average cost of GBX 270 per share, for a total transaction of £38,772. 5.16% of the stock is 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.