Dialight (LON:DIA) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Dialight plc's share price exceeded its 200-day moving average of GBX 165.15, trading as high as GBX 247.40 ($3.30) recently.
• The company's market capitalization stands at £98.43 million, with a notable debt-to-equity ratio of 59.65.
• Dialight is recognized as a leader in sustainable LED lighting solutions for industrial applications, aimed at reducing energy consumption and improving workplace safety.

Shares of Dialight plc (LON:DIA - ) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 165.15 ($2.21) and traded as high as GBX 247.40 ($3.30). Dialight shares last traded at GBX 247.40 ($3.30), with a volume of 25,784 shares trading hands.

Dialight Trading Up 1.0%

The company has a quick ratio of 0.78, a current ratio of 1.40 and a debt-to-equity ratio of 59.65. The firm has a market cap of £98.43 million, a price-to-earnings ratio of -719.17, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30. The business has a 50 day moving average price of GBX 212.52 and a 200-day moving average price of GBX 165.15.

Dialight Company Profile

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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