Dialight (LON:DIA) Reaches New 1-Year High – Here’s What Happened

Dialight plc (LON:DIA) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 438 and last traded at GBX 428.32, with a volume of 97626 shares traded. The stock had previously closed at GBX 426.

Dialight Stock Up 0.5%

The company’s 50 day simple moving average is GBX 346.24 and its 200-day simple moving average is GBX 324.65. 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 market cap of £171.21 million, a P/E ratio of 23.28, a PEG ratio of 0.32 and a beta of 0.66.

Insider Activity at Dialight

In related news, insider Stephen Blair bought 7,615 shares of the business’s stock in a transaction 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 firm’s stock in a transaction on Friday, June 26th. The shares were bought at an average price of GBX 414 per share, with a total value of £20,989.80. 5.19% of the stock is owned by 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. The company is headquartered in the UK with operations in Australia, Dubai, the EU, Malaysia, Mexico, Singapore, the UK, and the USA.