Dialight (LON:DIA) Hits New 12-Month Low – Here’s Why

Dialight plc (LON:DIAGet Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 93.94 ($1.19) and last traded at GBX 95.72 ($1.22), with a volume of 52000 shares. The stock had previously closed at GBX 98.72 ($1.25).

Dialight Price Performance

The company has a quick ratio of 0.78, a current ratio of 1.40 and a debt-to-equity ratio of 47.10. The firm has a market cap of £38.13 million, a PE ratio of -336.67, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30. The stock has a 50 day moving average price of GBX 149.63 and a two-hundred day moving average price of GBX 181.34.

Insider Activity at Dialight

In other Dialight news, insider Stephen Blair bought 5,756 shares of Dialight stock in a transaction that occurred on Friday, September 13th. The stock was purchased at an average price of GBX 223 ($2.83) per share, with a total value of £12,835.88 ($16,303.67). 3.06% of the stock is owned by insiders.

Dialight Company Profile

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Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, Europe, the Middle East, Africa, and internationally. The company operates in two segments, Lighting, and Signals & Components.

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