Dialight (LON:DIA) Reaches New 12-Month High – Here’s Why

Dialight plc (LON:DIAGet Free Report) hit a new 52-week high on Friday . The stock traded as high as GBX 427 and last traded at GBX 417, with a volume of 1225039 shares traded. The stock had previously closed at GBX 400.

Dialight Price Performance

The firm has a market capitalization of £166.69 million, a P/E ratio of 22.66, a price-to-earnings-growth ratio of 0.32 and a beta of 0.40. The company has a current ratio of 2.19, a quick ratio of 0.78 and a debt-to-equity ratio of 60.08. The firm has a 50 day moving average price of GBX 336.44 and a 200-day moving average price of GBX 322.03.

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. The company is headquartered in the UK with operations in Australia, Dubai, the EU, Malaysia, Mexico, Singapore, the UK, and the USA.

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