Diploma (LON:DPLM) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Diploma PLC (LON:DPLM) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4,135.67 ($54.00) and traded as high as GBX 4,374 ($57.12). Diploma shares last traded at GBX 4,362 ($56.96), with a volume of 131,622 shares traded.

Analyst Upgrades and Downgrades

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

Diploma Stock Performance

The company has a debt-to-equity ratio of 45.69, a quick ratio of 0.80 and a current ratio of 2.27. The firm’s 50-day moving average price is GBX 4,371.97 and its two-hundred day moving average price is GBX 4,135.67. The stock has a market cap of £5.85 billion, a price-to-earnings ratio of 5,072.09, a PEG ratio of 2.82 and a beta of 0.75.

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.