Dialight plc (LON:DIA - Get Free Report) shares shot up 23.2% during trading on Tuesday after an insider bought additional shares in the company. The stock traded as high as GBX 170 ($2.33) and last traded at GBX 169.44 ($2.33). 108,289 shares changed hands during trading, an increase of 391% from the average session volume of 22,065 shares. The stock had previously closed at GBX 137.50 ($1.89).
Specifically, insider Mark Fryer purchased 13,751 shares of the company's stock in a transaction that occurred on Tuesday, June 24th. The shares were acquired at an average cost of GBX 145 ($1.99) per share, with a total value of £19,938.95 ($27,362.36).
Dialight Price Performance
The company has a debt-to-equity ratio of 59.65, a current ratio of 1.40 and a quick ratio of 0.78. The company has a 50-day simple moving average of GBX 118.85 and a two-hundred day simple moving average of GBX 115.18. The stock has a market capitalization of £81.26 million, a price-to-earnings ratio of -3.53, a price-to-earnings-growth 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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