Dialight Plc (DIA) Insider Stephen Bird Acquires 3,728 Shares
Dialight Plc (LON:DIA) insider Stephen Bird acquired 3,728 shares of the business’s stock in a transaction dated Wednesday, March 14th. The stock was purchased at an average price of GBX 525 ($7.25) per share, for a total transaction of £19,572 ($27,040.62).
Shares of Dialight Plc (LON DIA) traded down GBX 12 ($0.17) during trading hours on Wednesday, hitting GBX 518 ($7.16). The company had a trading volume of 14,350 shares, compared to its average volume of 20,716. The stock has a market cap of $167.16 and a P/E ratio of 12,950.00. Dialight Plc has a 1-year low of GBX 500 ($6.91) and a 1-year high of GBX 1,099 ($15.18).
A number of equities analysts have recently commented on the company. Peel Hunt restated a “hold” rating and issued a GBX 600 ($8.29) price objective on shares of Dialight in a report on Monday, March 5th. Berenberg Bank cut their price objective on Dialight from GBX 530 ($7.32) to GBX 420 ($5.80) and set a “sell” rating on the stock in a report on Friday, December 15th. Finally, N+1 Singer cut their price objective on Dialight from GBX 710 ($9.81) to GBX 630 ($8.70) and set a “hold” rating on the stock in a report on Friday, December 15th.
Dialight plc is a holding company. The Company manufactures and sells lighting products in the industrial market. It operates through two segments: Lighting, and Signals and Components. Its Lighting segment develops, manufactures and supplies light emitting diode (LED) lighting solutions for hazardous and industrial applications, and includes anti-collision obstruction lighting.
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