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

Shares of Diploma PLC (LON:DPLM) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 5,394.53 and traded as high as GBX 5,565. Diploma shares last traded at GBX 5,490, with a volume of 252,873 shares trading hands.

Analyst Upgrades and Downgrades

DPLM has been the subject of a number of research analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 6,350 target price on shares of Diploma in a report on Wednesday, November 19th. Peel Hunt reissued a “buy” rating and issued a GBX 6,150 price objective on shares of Diploma in a research note on Friday, December 19th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Diploma from GBX 6,000 to GBX 6,200 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Royal Bank Of Canada raised shares of Diploma to an “outperform” rating and raised their price target for the company from GBX 4,500 to GBX 6,000 in a research report on Friday, October 3rd. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 5,634.29.

Diploma Price Performance

The stock’s 50 day moving average is GBX 5,438.43 and its two-hundred day moving average is GBX 5,394.53. The stock has a market capitalization of £7.31 billion, a PE ratio of 39.69, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a debt-to-equity ratio of 62.17, a current ratio of 2.17 and a quick ratio of 0.80.

Diploma (LON:DPLM) last posted its quarterly earnings results on Monday, December 8th. The company reported GBX 176 EPS for the quarter. Diploma had a net margin of 9.25% and a return on equity of 13.18%. As a group, sell-side analysts forecast that Diploma PLC will post 163.7995512 earnings per share for the current fiscal year.

Insider Activity

In other Diploma news, insider Geraldine Huse acquired 750 shares of the stock in a transaction dated Wednesday, November 19th. The stock was acquired at an average cost of GBX 3,997 per share, with a total value of £29,977.50. Also, insider Katie Bickerstaffe bought 352 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were acquired at an average cost of GBX 5,645 per share, for a total transaction of £19,870.40. In the last quarter, insiders have acquired 2,012 shares of company stock valued at $9,993,580. Insiders own 1.13% of the company’s stock.

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.