Dialight (LON:DIA) Sets New 12-Month High – Here’s What Happened

Dialight plc (LON:DIA) hit a new 52-week high on Thursday . The company traded as high as GBX 570 and last traded at GBX 566, with a volume of 7773 shares. The stock had previously closed at GBX 540.

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’s 50-day moving average price is GBX 471.09 and its two-hundred day moving average price is GBX 369.25. The stock has a market cap of £221.47 million, a PE ratio of 554.00, a PEG ratio of 0.32 and a beta of 0.64.

Insider Activity at Dialight

In other news, insider Neil A. Johnson bought 5,070 shares of the business’s stock in a transaction on Friday, June 26th. The stock was acquired at an average price of GBX 414 per share, with a total value of £20,989.80. Also, insider Stephen Blair bought 6,750 shares of Dialight stock in a transaction that occurred on Wednesday, July 22nd. The shares were acquired at an average cost of GBX 440 per share, for a total transaction of £29,700. In the last ninety days, insiders acquired 19,435 shares of company stock valued at $8,038,830. 5.26% of the stock is owned by insiders.

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.