Diploma (LON:DPLM) Stock Passes Above 200-Day Moving Average of $3,904.39

Diploma PLC (LON:DPLM)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,904.39 ($51.49) and traded as high as GBX 4,486 ($59.16). Diploma shares last traded at GBX 4,464 ($58.87), with a volume of 215,785 shares traded.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DPLM. Shore Capital reissued a “buy” rating on shares of Diploma in a research note on Thursday, July 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 4,500 ($59.34) target price on shares of Diploma in a report on Tuesday, May 7th. Berenberg Bank raised their target price on shares of Diploma from GBX 4,400 ($58.02) to GBX 4,700 ($61.98) and gave the company a “buy” rating in a research note on Monday, May 13th. Finally, Barclays reiterated an “overweight” rating and issued a GBX 4,050 ($53.41) price target on shares of Diploma in a research note on Wednesday, May 15th.

Diploma Trading Up 0.3 %

The firm has a market cap of £5.98 billion, a P/E ratio of 5,190.70, a P/E/G ratio of 2.82 and a beta of 0.74. The stock has a 50 day simple moving average of GBX 4,239.17 and a 200-day simple moving average of GBX 3,904.39. The company has a current ratio of 2.27, a quick ratio of 0.80 and a debt-to-equity ratio of 45.69.

Diploma Company Profile

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, Continental Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies technology-enabled products used in surgical procedures in operating theatres and endoscopy; testing equipment and services for clinical laboratories; and bio-pharma, food safety and testing, and other research-oriented products.