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

Dialight plc (LON:DIA)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 275.36 and traded as high as GBX 308. Dialight shares last traded at GBX 308, with a volume of 20,309 shares changing hands.

Dialight Stock Performance

The stock’s 50-day moving average is GBX 329.70 and its 200-day moving average is GBX 275.36. The stock has a market cap of £119.36 million, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30. The company has a debt-to-equity ratio of 59.65, a current ratio of 1.40 and a quick ratio of 0.78.

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.