Diploma (LON:DPLM) Trading 16.2% Higher – What’s Next?

Diploma PLC (LON:DPLM)’s stock price traded up 16.2% during trading on Tuesday . The company traded as high as GBX 5,025 ($67.12) and last traded at GBX 4,904 ($65.50). 12,217,635 shares changed hands during trading, an increase of 2,040% from the average session volume of 571,036 shares. The stock had previously closed at GBX 4,222 ($56.39).

Diploma Stock Up 16.2%

The firm 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 company has a debt-to-equity ratio of 62.17, a quick ratio of 0.80 and a current ratio of 2.17. The firm’s 50-day moving average is GBX 3,930.48 and its 200 day moving average is GBX 4,249.04.

Insiders Place Their Bets

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