Diploma (LON:DPLM) Trading 15.8% Higher – What’s Next?

Shares of Diploma PLC (LON:DPLM) traded up 15.8% during trading on Tuesday . The company traded as high as GBX 5,025 ($67.12) and last traded at GBX 4,890 ($65.31). 12,211,147 shares changed hands during mid-day trading, an increase of 2,039% from the average session volume of 570,968 shares. The stock had previously closed at GBX 4,222 ($56.39).

Diploma Trading Up 16.2%

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 company has a market capitalization of £6.54 billion, a P/E ratio of 56.37, a PEG ratio of 2.82 and a beta of 0.75. The business has a 50 day moving average price of GBX 3,930.48 and a 200 day moving average price of GBX 4,249.04.

Insider Activity

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