Dialight (LON:DIA) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Dialight plc (LON:DIA) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 267.24 and traded as high as GBX 340. Dialight shares last traded at GBX 330.20, with a volume of 14,985 shares.

Dialight Stock Performance

The company has a debt-to-equity ratio of 59.65, a current ratio of 1.40 and a quick ratio of 0.78. The firm has a market capitalization of £135.28 million, a PE ratio of 18.48, a P/E/G ratio of 0.32 and a beta of 0.30. The company’s fifty day simple moving average is GBX 330.70 and its 200 day simple moving average is GBX 267.24.

Insider Buying and Selling

In other Dialight news, insider Neil A. Johnson acquired 14,360 shares of Dialight stock in a transaction that occurred on Tuesday, November 11th. The stock was acquired at an average cost of GBX 270 per share, for a total transaction of £38,772. Company insiders own 5.20% 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.