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

Shares of Dialight plc (LON:DIAGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 370 and last traded at GBX 360, with a volume of 41021 shares traded. The stock had previously closed at GBX 359.

Dialight Stock Up 0.3%

The company has a debt-to-equity ratio of 98.34, a current ratio of 1.96 and a quick ratio of 0.78. The stock has a market capitalization of £143.90 million, a P/E ratio of 19.57, a P/E/G ratio of 0.32 and a beta of 0.63. The firm has a 50-day simple moving average of GBX 299.06 and a 200 day simple moving average of GBX 311.38.

About Dialight

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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.

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