Two of today's biggest fallers are Dialight (LSE: DIA) and Alton Towers owner Merlin Entertainments (LSE: MERL). I've been taking a look at the news behind today's falls and whether they represent a good buying opportunity for investors.
The stock price of Dialight PLC went down 35.04% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Dialight PLC is down 25.89% and down 27.92%, respectively. Our stocks momentum model is shown on the price chart below.
According to data compiled by Thomson Reuters, Dialight PLC (LON:DIA)'s stock is covered by 6 equity analysts across the Street, with 1 analysts giving it a Sell rating, 4 a Buy rating, while 2 consider it a Hold.