Dialight (OTCMKTS:DIALF) Trading Up 19.5% – Should You Buy?

Shares of Dialight plc (OTCMKTS:DIALFGet Free Report) were up 19.5% during trading on Wednesday . The company traded as high as $4.10 and last traded at $4.10. Approximately 900 shares were traded during trading, a decline of 54% from the average daily volume of 1,943 shares. The stock had previously closed at $3.43.

Analysts Set New Price Targets

Separately, Barclays downgraded shares of Dialight to an “underweight” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dialight has an average rating of “Hold”.

Read Our Latest Analysis on DIALF

Dialight Stock Performance

The stock’s 50 day moving average price is $3.79 and its 200-day moving average price is $3.22.

About Dialight

(Get Free Report)

Dialight PLC is a global provider of industrial LED lighting solutions, specializing in energy-efficient and durable products designed for demanding environments. The company’s product portfolio includes a wide range of LED linear and area luminaires, high- and low-bay fixtures, task lighting, signal beacons and optical safety indicators, as well as specialty solutions for hazardous location applications in oil and gas, mining, marine and transportation sectors.

Founded in the United Kingdom and headquartered in Farnborough, Hampshire, Dialight draws on more than 80 years of expertise in lighting technology.

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