Dialight (LON:DIA) Sets New 52-Week High – Should You Buy?

Dialight plc (LON:DIA)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 320 and last traded at GBX 320, with a volume of 135924 shares changing hands. The stock had previously closed at GBX 280.

Dialight Price Performance

The business has a fifty day moving average of GBX 247.37 and a two-hundred day moving average of GBX 195.90. The company has a debt-to-equity ratio of 59.65, a quick ratio of 0.78 and a current ratio of 1.40. The firm has a market capitalization of £127.32 million, a price-to-earnings ratio of -9.30, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30.

Insider Transactions at Dialight

In other news, insider Neil A. Johnson acquired 14,360 shares of the stock in a transaction on Tuesday, November 11th. The stock was acquired at an average cost of GBX 270 per share, for a total transaction of £38,772. 5.16% of the stock is owned by company insiders.

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.