Dialight (LON:DIA) Stock Price Up 19.9% – Still a Buy?

Dialight plc (LON:DIAGet Free Report)’s stock price was up 19.9% during trading on Tuesday . The company traded as high as GBX 110 ($1.37) and last traded at GBX 110 ($1.37). Approximately 126,491 shares were traded during mid-day trading, an increase of 1,045% from the average daily volume of 11,044 shares. The stock had previously closed at GBX 91.75 ($1.14).

Dialight Price Performance

The company’s 50 day simple moving average is GBX 102.97 and its two-hundred day simple moving average is GBX 155.05. 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 stock has a market capitalization of £44.21 million, a P/E ratio of -370.00, a PEG 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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