Dialight (LON:DIA) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Dialight plc (LON:DIA)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 176.97 ($2.23) and traded as low as GBX 96.45 ($1.22). Dialight shares last traded at GBX 103 ($1.30), with a volume of 8,616 shares.

Dialight Stock Performance

The company has a quick ratio of 0.78, a current ratio of 1.40 and a debt-to-equity ratio of 47.10. The stock has a fifty day moving average price of GBX 132.91 and a two-hundred day moving average price of GBX 176.46. The company has a market capitalization of £41.42 million, a price-to-earnings ratio of -346.67, a PEG ratio of 0.32 and a beta of 0.30.

Insider Buying and Selling at Dialight

In other Dialight news, insider Stephen Blair purchased 8,428 shares of the stock in a transaction on Wednesday, September 25th. The stock was bought at an average price of GBX 176 ($2.22) per share, for a total transaction of £14,833.28 ($18,721.80). 3.06% of the stock is owned by insiders.

About Dialight

Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, Europe, the Middle East, Africa, and internationally. The company operates in two segments, Lighting, and Signals & Components.