Dialight Plc (DIA) Insider Acquires £71,625 in Stock

Dialight Plc (LON:DIA) insider Martin L. Rapp acquired 12,500 shares of the business’s stock in a transaction dated Monday, January 8th. The stock was acquired at an average cost of GBX 573 ($7.77) per share, with a total value of £71,625 ($97,131.81).

Shares of Dialight Plc (DIA) traded up GBX 20 ($0.27) during midday trading on Monday, reaching GBX 690 ($9.36). 36,133 shares of the company’s stock traded hands, compared to its average volume of 51,069. Dialight Plc has a 1-year low of GBX 530 ($7.19) and a 1-year high of GBX 1,115 ($15.12). The company has a market cap of $224.40 and a price-to-earnings ratio of 5,307.69.

DIA has been the subject of several analyst reports. Peel Hunt dropped their price target on shares of Dialight from GBX 920 ($12.48) to GBX 720 ($9.76) and set a “hold” rating for the company in a research report on Tuesday, October 24th. Berenberg Bank dropped their price target on shares of Dialight from GBX 620 ($8.41) to GBX 530 ($7.19) and set a “sell” rating for the company in a research report on Wednesday, October 25th. Finally, N+1 Singer dropped their price target on shares of Dialight from GBX 710 ($9.63) to GBX 630 ($8.54) and set a “hold” rating for the company in a research report on Friday, December 15th.

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Dialight Company Profile

Dialight plc is a holding company. The Company manufactures and sells lighting products in the industrial market. It operates through two segments: Lighting, and Signals and Components. Its Lighting segment develops, manufactures and supplies light emitting diode (LED) lighting solutions for hazardous and industrial applications, and includes anti-collision obstruction lighting.

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