Dialight plc (LON:DIA – Get Free Report) shares shot up 12% during mid-day trading on Thursday . The company traded as high as GBX 400 and last traded at GBX 400. Approximately 327,470 shares traded hands during trading, an increase of 511% from the average daily volume of 53,599 shares. The stock had previously closed at GBX 357.03.
Dialight Trading Up 12.0%
The stock has a market capitalization of £159.89 million, a price-to-earnings ratio of 21.74, a P/E/G ratio of 0.32 and a beta of 0.40. The company has a fifty day moving average of GBX 334.35 and a two-hundred day moving average of GBX 321.52. The company has a quick ratio of 0.78, a current ratio of 2.19 and a debt-to-equity ratio of 60.08.
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.
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