Dialight (OTCMKTS:DIALF) Rating Lowered to Hold at Peel Hunt

Dialight (OTCMKTS:DIALF – Get Rating) was downgraded by analysts at Peel Hunt from a “buy” rating to a “hold” rating in a note issued to investors on Friday, The Fly reports.

Dialight Price Performance

DIALF stock opened at $3.50 on Friday. Dialight has a one year low of $2.57 and a one year high of $4.57. The company has a 50 day moving average price of $3.50 and a two-hundred day moving average price of $3.35.

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, EMEA, and internationally. The company operates in two segments, Lighting, and Signals & Components. It offers high and low bays, and high outputs; conveyor, street, area, and flood lights; LED linear fixtures, such as low profile/top conduit linear, stainless steel linear, glass reinforced polyester linear, battery backup linear, and end-to-end linear; and wall packs/bulkheads products.