Dialight (LON:DIA) Stock Passes Below 200 Day Moving Average – What’s Next?

Dialight plc (LON:DIA) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 166.63 ($2.08) and traded as low as GBX 100.55 ($1.25). Dialight shares last traded at GBX 100.55 ($1.25), with a volume of 1,662 shares changing hands.

Dialight Stock Down 4.0 %

The stock has a market cap of £40.05 million, a P/E ratio of -335.17, a P/E/G ratio of 0.32 and a beta of 0.30. The firm has a 50 day simple moving average of GBX 112.88 and a two-hundred day simple moving average of GBX 166.63. The company has a debt-to-equity ratio of 47.10, a quick ratio of 0.78 and a current ratio of 1.40.

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.