Dialight (LON:DIA) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Dialight plc (LON:DIA) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 261.68 and traded as high as GBX 310. Dialight shares last traded at GBX 298, with a volume of 44,032 shares trading hands.

Dialight Trading Down 1.3%

The company has a 50 day moving average of GBX 331.39 and a 200-day moving average of GBX 261.68. The company has a debt-to-equity ratio of 59.65, a quick ratio of 0.78 and a current ratio of 1.40. The stock has a market cap of £118.57 million, a price-to-earnings ratio of 16.20, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30.

Insider Transactions at Dialight

In other Dialight news, insider Neil A. Johnson purchased 14,360 shares of Dialight stock in a transaction dated Tuesday, November 11th. The shares were acquired at an average price of GBX 270 per share, with a total value of £38,772. 5.20% of the stock is owned by company 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.