Dialight (LON:DIA) Sets New 1-Year Low – Here’s Why

Dialight plc (LON:DIAGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 86 ($1.07) and last traded at GBX 87.60 ($1.09), with a volume of 10206 shares changing hands. The stock had previously closed at GBX 93.25 ($1.16).

Dialight Stock Up 5.3 %

The business has a fifty day moving average price of GBX 103.89 and a two-hundred day moving average price of GBX 157.78. The company has a current ratio of 1.40, a quick ratio of 0.78 and a debt-to-equity ratio of 47.10. The company has a market cap of £37.84 million, a price-to-earnings ratio of -316.67, a P/E/G ratio of 0.32 and a beta of 0.30.

About Dialight

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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.

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