Dialight (LON:DIA) Earns “Hold” Rating from Peel Hunt

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

LON:DIA opened at GBX 295 ($3.85) on Monday. The firm has a 50-day moving average of GBX 450.87. The company has a quick ratio of 1.02, a current ratio of 2.29 and a debt-to-equity ratio of 5.99. Dialight has a 12 month low of GBX 285 ($3.72) and a 12 month high of GBX 586 ($7.66). The stock has a market capitalization of $95.98 million and a price-to-earnings ratio of 18.44.

In other news, insider Fariyal Khanbabi sold 567 shares of Dialight 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).

About Dialight

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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