Dialight (LON:DIA) Stock Price Passes Above 200 Day Moving Average - Here's Why

Key Points

• Dialight plc's stock price has crossed above its 200-day moving average, trading as high as GBX 250 ($3.36) after last trading at GBX 244 ($3.28).
• The company has a current market capitalization of £100.26 million and a P/E ratio of -732.56, indicating significant financial metrics to watch.
• Dialight is recognized as a global leader in sustainable LED lighting for industrial applications, focusing on reducing energy consumption and enhancing workplace safety.

Shares of Dialight plc (LON:DIA - ) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 160.07 ($2.15) and traded as high as GBX 250 ($3.36). Dialight shares last traded at GBX 244 ($3.28), with a volume of 35,459 shares traded.

Dialight Stock Up 3.3%

The company has a current ratio of 1.40, a quick ratio of 0.78 and a debt-to-equity ratio of 59.65. The stock has a market cap of £100.26 million, a P/E ratio of -732.56, a PEG ratio of 0.32 and a beta of 0.30. The firm has a 50-day simple moving average of GBX 208.70 and a two-hundred day simple moving average of GBX 160.07.

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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