Dialight’s (DIA) “Hold” Rating Reiterated at Peel Hunt
Peel Hunt restated their hold rating on shares of Dialight (LON:DIA) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports.
DIA opened at GBX 294 ($3.84) on Monday. The business’s 50-day moving average price is GBX 479.43. The company has a debt-to-equity ratio of 5.99, a current ratio of 2.29 and a quick ratio of 1.02. Dialight has a one year low of GBX 290 ($3.79) and a one year high of GBX 586 ($7.66). The firm has a market capitalization of $95.65 million and a PE ratio of 18.38.
In other news, insider Fariyal Khanbabi sold 567 shares of Dialight stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of GBX 534 ($6.98), for a total transaction of £3,027.78 ($3,956.33).
Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, EMEA, and internationally. The company operates in two segments, Lighting; and Signals and Components. It offers high and low bays, and high outputs; conveyor, flood, and street lights; various linear products; and area lights, wallpacks/bulkheads, and related battery backup products.
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