Dialight (LON:DIA) Sets New 52-Week High – Still a Buy?

Shares of Dialight plc (LON:DIA) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 350 and last traded at GBX 347.22, with a volume of 3833 shares traded. The stock had previously closed at GBX 344.

Dialight Stock Performance

The company has a market capitalization of £138.15 million, a price-to-earnings ratio of 18.87, a PEG ratio of 0.32 and a beta of 0.30. The company has a debt-to-equity ratio of 59.65, a current ratio of 1.40 and a quick ratio of 0.78. The stock has a 50 day simple moving average of GBX 305.04 and a two-hundred day simple moving average of GBX 242.08.

Insider Buying and Selling at Dialight

In related news, insider Neil A. Johnson bought 14,360 shares of the stock in a transaction dated Tuesday, November 11th. The stock was acquired at an average price of GBX 270 per share, for a total transaction of £38,772. Corporate insiders own 5.20% of the company’s stock.

About Dialight

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.