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

Dialight plc (LON:DIA) shares hit a new 52-week high on Monday . The company traded as high as GBX 568 and last traded at GBX 546, with a volume of 165943 shares. The stock had previously closed at GBX 520.

Dialight Stock Up 5.0%

The company has a market cap of £218.27 million, a PE ratio of 546.00, a PEG ratio of 0.32 and a beta of 0.64. The stock’s 50 day moving average price is GBX 435.58 and its 200-day moving average price is GBX 353.74. The company has a debt-to-equity ratio of 60.08, a quick ratio of 0.78 and a current ratio of 2.19.

Insider Buying and Selling at Dialight

In related news, insider Stephen Blair acquired 6,750 shares of Dialight stock in a transaction dated Wednesday, July 22nd. The shares were purchased at an average cost of GBX 440 per share, with a total value of £29,700. Also, insider Neil A. Johnson acquired 5,070 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was bought at an average price of GBX 414 per share, for a total transaction of £20,989.80. Insiders acquired 19,435 shares of company stock valued at $8,038,830 over the last three months. 5.26% of the stock is currently 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.