Dialight (LON:DIA) Reaches New 52-Week Low – Here’s Why

Dialight plc (LON:DIAGet Free Report) reached a new 52-week low on Thursday . The company traded as low as GBX 95 ($1.16) and last traded at GBX 98.50 ($1.20), with a volume of 7253 shares. The stock had previously closed at GBX 95.50 ($1.16).

Dialight Trading Up 3.0 %

The stock has a market cap of £38.66 million, a P/E ratio of -323.58, a PEG 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 business’s 50 day simple moving average is GBX 107.40 and its two-hundred day simple moving average is GBX 161.62.

Dialight Company Profile

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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.

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