Diploma (LON:DPLM) Trading Up 15.1% – Still a Buy?

Diploma PLC (LON:DPLM)’s stock price traded up 15.1% during trading on Tuesday . The stock traded as high as GBX 5,025 ($67.12) and last traded at GBX 4,860 ($64.91). 975,747 shares changed hands during mid-day trading, an increase of 115% from the average session volume of 453,933 shares. The stock had previously closed at GBX 4,222 ($56.39).

Diploma Price Performance

The firm has a market cap of £6.48 billion, a P/E ratio of 55.86, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a current ratio of 2.17, a quick ratio of 0.80 and a debt-to-equity ratio of 62.17. The business has a 50-day moving average of GBX 3,930.48 and a two-hundred day moving average of GBX 4,249.04.

Insider Activity at Diploma

In other Diploma news, insider Ian El-Mokadem bought 500 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were bought at an average price of GBX 3,948 ($52.73) per share, for a total transaction of £19,740 ($26,365.70). Also, insider David S. Lowden acquired 750 shares of the company’s stock in a transaction on Friday, March 21st. The shares were bought at an average price of GBX 3,928 ($52.46) per share, for a total transaction of £29,460 ($39,348.20). 0.52% of the stock is owned by company insiders.

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.