Diploma (LON:DPLM) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Diploma PLC (LON:DPLM)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 4,167.80 ($54.05) and traded as high as GBX 4,392 ($56.96). Diploma shares last traded at GBX 4,380 ($56.80), with a volume of 189,644 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Diploma in a report on Thursday, July 18th.

Diploma Price Performance

The company has a debt-to-equity ratio of 45.69, a current ratio of 2.27 and a quick ratio of 0.80. The stock has a market capitalization of £5.87 billion, a price-to-earnings ratio of 5,093.02, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a 50-day simple moving average of GBX 4,381.27 and a two-hundred day simple moving average of GBX 4,167.80.

About Diploma

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.