Dialight (LON:DIA) Sets New 52-Week Low – Should You Sell?

Dialight plc (LON:DIAGet Free Report)’s share price hit a new 52-week low during mid-day trading 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 traded. The stock had previously closed at GBX 98.72 ($1.25).

Dialight Price Performance

The company has a debt-to-equity ratio of 47.10, a current ratio of 1.40 and a quick ratio of 0.78. The company has a fifty day moving average of GBX 144.91 and a 200-day moving average of GBX 180.21. The firm has a market cap of £38.95 million, a P/E ratio of -324.17, a P/E/G ratio of 0.32 and a beta of 0.30.

Insider Activity at Dialight

In other Dialight news, insider Stephen Blair acquired 8,428 shares of the stock in a transaction that occurred on Wednesday, September 25th. The shares were bought at an average price of GBX 176 ($2.24) per share, for a total transaction of £14,833.28 ($18,847.88). 3.06% of the stock is currently owned by company 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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