Dialight (LON:DIA) Earns “Hold” Rating from Peel Hunt

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Peel Hunt reaffirmed their hold rating on shares of Dialight (LON:DIA) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.

Shares of DIA stock opened at GBX 292 ($3.82) on Monday. The company has a current ratio of 2.29, a quick ratio of 1.02 and a debt-to-equity ratio of 5.99. The stock has a market capitalization of $95.00 million and a price-to-earnings ratio of 18.25. The stock’s 50-day moving average is GBX 446.15. Dialight has a 1-year low of GBX 285 ($3.72) and a 1-year high of GBX 586 ($7.66).

In other Dialight news, insider Fariyal Khanbabi sold 567 shares of the stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of GBX 534 ($6.98), for a total transaction of £3,027.78 ($3,956.33).

About Dialight

Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, EMEA, and internationally. The company operates in two segments, Lighting; and Signals and Components. It offers high and low bays, and high outputs; conveyor, flood, and street lights; various linear products; and area lights, wallpacks/bulkheads, and related battery backup products.

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