Dialight (LON:DIA) Hits New 52-Week Low – Time to Sell?

Dialight plc (LON:DIAGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 109.75 ($1.39) and last traded at GBX 115 ($1.46), with a volume of 51472 shares trading hands. The stock had previously closed at GBX 116 ($1.47).

Dialight Price Performance

The stock has a market capitalization of £41.42 million, a price-to-earnings ratio of -346.67, a P/E/G ratio of 0.32 and a beta of 0.30. 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 of GBX 155.58 and a 200-day moving average of GBX 182.38.

Insider Activity at Dialight

In other news, insider Stephen Blair purchased 5,756 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were purchased at an average price of GBX 223 ($2.83) per share, for a total transaction of £12,835.88 ($16,272.67). Insiders own 3.06% of the company’s stock.

About Dialight

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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.

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