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

Dialight plc (LON:DIA) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 210.68 and traded as high as GBX 318. Dialight shares last traded at GBX 312, with a volume of 13,693 shares traded.

Dialight Stock Down 0.6%

The company’s fifty day simple moving average is GBX 267.50 and its 200 day simple moving average is GBX 210.68. The company has a current ratio of 1.40, a quick ratio of 0.78 and a debt-to-equity ratio of 59.65. The firm has a market capitalization of £124.14 million, a P/E ratio of -9.07, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30.

Insider Transactions at Dialight

In related news, insider Neil A. Johnson acquired 14,360 shares of the stock in a transaction on Tuesday, November 11th. The stock was acquired at an average cost of GBX 270 per share, for a total transaction of £38,772. 5.16% of the stock is currently owned by insiders.

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.