Dialight (LON:DIA) Sets New 1-Year Low – Time to Sell?

Dialight plc (LON:DIAGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 109.75 ($1.38) and last traded at GBX 115 ($1.44), with a volume of 51472 shares traded. The stock had previously closed at GBX 116 ($1.46).

Dialight Price Performance

The firm has a market capitalization of £45.80 million, a P/E ratio of -380.00, a P/E/G ratio of 0.32 and a beta of 0.30. The company has a current ratio of 1.40, a quick ratio of 0.78 and a debt-to-equity ratio of 47.10. The business’s fifty day moving average is GBX 161.38 and its 200 day moving average is GBX 183.28.

Insider Activity

In other Dialight news, insider Stephen Blair bought 5,756 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was acquired at an average price of GBX 223 ($2.80) per share, with a total value of £12,835.88 ($16,121.43). In the last 90 days, insiders purchased 38,132 shares of company stock worth $7,724,152. Insiders own 3.06% of the company’s stock.

Dialight Company Profile

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Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, Europe, the Middle East, Africa, and internationally. The company operates in two segments, Lighting, and Signals & Components.

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