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

Shares of Dialight plc (LON:DIA) reached a new 52-week high on Thursday . The company traded as high as GBX 570 and last traded at GBX 566, with a volume of 7773 shares. The stock had previously closed at GBX 540.

Dialight Price Performance

The company has a debt-to-equity ratio of 60.08, a current ratio of 2.19 and a quick ratio of 0.78. The business’s fifty day moving average price is GBX 463.68 and its 200-day moving average price is GBX 366.28. The stock has a market capitalization of £226.27 million, a price-to-earnings ratio of 566.00, a PEG ratio of 0.32 and a beta of 0.64.

Insider Activity at Dialight

In related news, insider Stephen Blair bought 6,750 shares of the company’s stock in a transaction dated Wednesday, July 22nd. The shares were bought at an average price of GBX 440 per share, for a total transaction of £29,700. Also, insider Neil A. Johnson bought 5,070 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average cost of GBX 414 per share, for a total transaction of £20,989.80. Over the last three months, insiders bought 19,435 shares of company stock valued at $8,038,830. Company insiders own 5.26% of the company’s stock.

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.