Dialight (LON:DIA) Reaches New 12-Month High – What’s Next?

Dialight plc (LON:DIA) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 530 and last traded at GBX 520, with a volume of 16154 shares changing hands. The stock had previously closed at GBX 520.

Dialight Stock Performance

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 424.06 and a 200-day moving average price of GBX 347.71. The company has a market capitalization of £207.88 million, a price-to-earnings ratio of 520.00, a PEG ratio of 0.32 and a beta of 0.64.

Insider Activity

In other news, insider Stephen Blair bought 7,615 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was acquired at an average price of GBX 390 per share, with a total value of £29,698.50. Also, insider Neil A. Johnson bought 5,070 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were purchased at an average cost of GBX 414 per share, for a total transaction of £20,989.80. Insiders have purchased 19,435 shares of company stock valued at $8,038,830 in the last ninety days. Company insiders own 5.26% of the company’s stock.

Dialight Company Profile

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.