Dialight (LON:DIA) Stock Price Crosses Above 200 Day Moving Average of $268.04

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Dialight Plc (LON:DIA) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $268.04 and traded as high as $305.65. Dialight shares last traded at $305.65, with a volume of 2,000 shares trading hands.

Separately, Peel Hunt raised their target price on shares of Dialight from GBX 180 ($2.35) to GBX 300 ($3.92) and gave the company a “hold” rating in a research note on Monday, August 3rd.

The company has a debt-to-equity ratio of 66.14, a current ratio of 3.02 and a quick ratio of 1.50. The firm’s 50 day moving average is GBX 301.01 and its two-hundred day moving average is GBX 268.49. The firm has a market capitalization of $95.73 million and a P/E ratio of -5.98.

Dialight (LON:DIA) last released its earnings results on Monday, August 3rd. The company reported GBX (9.50) (($0.12)) earnings per share for the quarter. Analysts anticipate that Dialight Plc will post 5759.9062118 EPS for the current fiscal year.

About Dialight (LON:DIA)

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 and Components. It offers high and low bays, and high outputs; conveyor, flood, and street lights; various linear products; and area lights, wallpacks/bulkheads, and related battery backup products.

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