Dialight (LON:DIA) Sets New 1-Year High – Time to Buy?

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

Dialight Trading Up 14.3%

The company has a quick ratio of 0.78, a current ratio of 1.40 and a debt-to-equity ratio of 59.65. The business has a fifty day simple moving average of GBX 243.58 and a 200 day simple moving average of GBX 192.80. The company has a market cap of £127.32 million, a price-to-earnings ratio of -9.30, a P/E/G ratio of 0.32 and a beta of 0.30.

Insider Buying and Selling at Dialight

In other news, insider Neil A. Johnson acquired 14,360 shares of Dialight stock in a transaction that occurred on Tuesday, November 11th. The stock was purchased at an average cost of GBX 270 per share, with a total value of £38,772. 5.16% of the stock is currently owned by corporate 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.