Dialight (LON:DIA) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Dialight plc (LON:DIA) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 210.68 and traded as high as GBX 318. Dialight shares last traded at GBX 312, with a volume of 13,693 shares changing hands.

Dialight Trading Down 0.6%

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 stock has a market cap of £124.14 million, a P/E ratio of -9.07, a PEG ratio of 0.32 and a beta of 0.30. The firm’s fifty day moving average price is GBX 267.50 and its two-hundred day moving average price is GBX 210.68.

Insiders Place Their Bets

In other Dialight news, insider Neil A. Johnson bought 14,360 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were acquired at an average cost of GBX 270 per share, for a total transaction of £38,772. 5.16% of the stock is owned by corporate insiders.

About Dialight

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.