Diploma (LON:DPLM) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of Diploma PLC (LON:DPLM) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 4,205.98 ($54.75) and traded as high as GBX 4,392 ($57.17). Diploma shares last traded at GBX 4,392 ($57.17), with a volume of 185,103 shares changing hands.

Analysts Set New Price Targets

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

Diploma Stock Performance

The company has a quick ratio of 0.80, a current ratio of 2.27 and a debt-to-equity ratio of 45.69. The stock has a market capitalization of £5.99 billion, a price-to-earnings ratio of 5,106.98, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The stock’s 50-day simple moving average is GBX 4,378.87 and its 200 day simple moving average is GBX 4,205.98.

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.