Shares of Dialight plc (LON:DIA – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 438 and last traded at GBX 428.32, with a volume of 97626 shares. The stock had previously closed at GBX 426.
Dialight Stock Performance
The company has a debt-to-equity ratio of 60.08, a quick ratio of 0.78 and a current ratio of 2.19. The company has a market capitalization of £175.88 million, a PE ratio of 23.91, a PEG ratio of 0.32 and a beta of 0.65. The company has a 50 day moving average price of GBX 351.82 and a 200 day moving average price of GBX 326.16.
Insiders Place Their Bets
In related news, insider Stephen Blair acquired 7,615 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was bought at an average cost of GBX 390 per share, with a total value of £29,698.50. Also, insider Neil A. Johnson bought 5,070 shares of the business’s stock in a transaction dated Friday, June 26th. The stock was bought at an average price of GBX 414 per share, for a total transaction of £20,989.80. Corporate insiders own 5.19% 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.
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