Dialight (LON:DIA) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of Dialight plc (LON:DIAGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 183.98 and traded as high as GBX 271.88. Dialight shares last traded at GBX 258, with a volume of 6,282 shares trading hands.

Dialight Trading Down 2.6%

The company has a market capitalization of £102.65 million, a PE ratio of -7.50, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30. The company’s fifty day moving average is GBX 235.25 and its 200-day moving average is GBX 183.98. The company has a debt-to-equity ratio of 59.65, a current ratio of 1.40 and a quick ratio of 0.78.

Dialight Company Profile

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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.

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