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

Dialight plc (LON:DIAGet Free Report) 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 changed hands 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 Stock Performance

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 stock has a market capitalization of £43.23 million, a price-to-earnings ratio of -361.80, a PEG ratio of 0.32 and a beta of 0.30. The stock’s 50 day moving average is GBX 103.29 and its 200 day moving average is GBX 156.29.

Dialight Company Profile

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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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