Dialight (LON:DIA) Reaches New 52-Week High – What’s Next?

Dialight plc (LON:DIAGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 330 and last traded at GBX 328, with a volume of 6492 shares changing hands. The stock had previously closed at GBX 324.

Dialight Stock Performance

The company has a market capitalization of £130.50 million, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30. The firm has a 50 day moving average price of GBX 281.02 and a two-hundred day moving average price of GBX 219.69. The company has a debt-to-equity ratio of 59.65, a quick ratio of 0.78 and a current ratio of 1.40.

Insider Buying and Selling

In related news, insider Neil A. Johnson purchased 14,360 shares of the stock in a transaction on Tuesday, November 11th. The shares were purchased at an average cost of GBX 270 per share, for a total transaction of £38,772. 5.20% of the stock is currently owned by corporate insiders.

About Dialight

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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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