Dialight Plc (DIA) Insider Martin L. Rapp Buys 12,500 Shares
Dialight Plc (LON:DIA) insider Martin L. Rapp acquired 12,500 shares of the firm’s stock in a transaction on Monday, January 8th. The shares were bought at an average cost of GBX 573 ($7.66) per share, for a total transaction of £71,625 ($95,768.15).
Shares of Dialight Plc (LON:DIA) traded up GBX 30 ($0.40) during midday trading on Monday, hitting GBX 580 ($7.76). 132,297 shares of the stock were exchanged, compared to its average volume of 36,795. The firm has a market capitalization of $188.62 and a PE ratio of 4,461.54. Dialight Plc has a 1-year low of GBX 530 ($7.09) and a 1-year high of GBX 1,115 ($14.91).
Several equities analysts have issued reports on the stock. Berenberg Bank decreased their price objective on shares of Dialight from GBX 620 ($8.29) to GBX 530 ($7.09) and set a “sell” rating on the stock in a report on Wednesday, October 25th. Peel Hunt decreased their price objective on shares of Dialight from GBX 720 ($9.63) to GBX 565 ($7.55) and set a “hold” rating on the stock in a report on Friday, December 15th. Finally, N+1 Singer decreased their price objective on shares of Dialight from GBX 710 ($9.49) to GBX 630 ($8.42) and set a “hold” rating on the stock in a report on Friday, December 15th.
Dialight plc is a holding company. The Company manufactures and sells lighting products in the industrial market. It operates through two segments: Lighting, and Signals and Components. Its Lighting segment develops, manufactures and supplies light emitting diode (LED) lighting solutions for hazardous and industrial applications, and includes anti-collision obstruction lighting.
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