Dialight plc (LON:DIA – Get Free Report) hit a new 52-week high during mid-day trading on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 480 and last traded at GBX 475, with a volume of 473122 shares traded. The stock had previously closed at GBX 440.
Specifically, insider Stephen Blair acquired 6,750 shares of Dialight stock in a transaction dated Wednesday, July 22nd. The stock was bought at an average cost of GBX 440 per share, with a total value of £29,700.
Dialight Price Performance
The firm has a market cap of £203.86 million, a P/E ratio of 510.00, a price-to-earnings-growth ratio of 0.32 and a beta of 0.65. The stock’s 50-day moving average is GBX 394.78 and its 200-day moving average is GBX 335.97. The company has a quick ratio of 0.78, a current ratio of 2.19 and a debt-to-equity ratio of 60.08.
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.
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