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

Dialight plc (LON:DIA) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 271.73 and traded as high as GBX 316. Dialight shares last traded at GBX 311.96, with a volume of 14,696 shares.

Dialight Stock Performance

The stock has a market capitalization of £124.12 million, a P/E ratio of 16.95, a price-to-earnings-growth ratio of 0.32 and a beta of 0.30. 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 331.65 and a 200-day simple moving average of GBX 271.73.

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. The company is headquartered in the UK with operations in Australia, Dubai, the EU, Malaysia, Mexico, Singapore, the UK, and the USA.