Dialight (LON:DIA) Rating Reiterated by Peel Hunt

Peel Hunt reiterated their hold rating on shares of Dialight (LON:DIA) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.

Shares of Dialight stock opened at GBX 362 ($4.73) on Monday. Dialight has a one year low of GBX 285 ($3.72) and a one year high of GBX 586 ($7.66). The company has a current ratio of 2.29, a quick ratio of 1.02 and a debt-to-equity ratio of 5.99. The company’s 50-day simple moving average is GBX 402.04. The company has a market cap of $117.77 million and a price-to-earnings ratio of 22.63.

In related news, insider Fariyal Khanbabi sold 567 shares of the company’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of GBX 534 ($6.98), for a total transaction of £3,027.78 ($3,956.33).

Dialight Company Profile

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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