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

Diploma PLC (LON:DPLM)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5,415.30 and traded as high as GBX 5,585. Diploma shares last traded at GBX 5,460, with a volume of 376,730 shares.

Wall Street Analyst Weigh In

DPLM has been the topic of several research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 6,350 price target on shares of Diploma in a report on Wednesday, November 19th. Deutsche Bank Aktiengesellschaft lifted their target price on Diploma from GBX 6,000 to GBX 6,200 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 6,150 target price on shares of Diploma in a report on Friday, December 19th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,634.29.

Diploma Stock Up 0.2%

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 stock has a market cap of £7.33 billion, a price-to-earnings ratio of 39.84, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The business’s 50 day moving average is GBX 5,436.28 and its 200 day moving average is GBX 5,415.30.

Diploma (LON:DPLM) last announced its earnings results on Monday, December 8th. The company reported GBX 176 earnings per share (EPS) for the quarter. Diploma had a net margin of 9.25% and a return on equity of 13.18%. Equities analysts expect that Diploma PLC will post 163.7995512 earnings per share for the current year.

Insider Transactions at Diploma

In other Diploma news, insider Geraldine Huse bought 750 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were bought at an average price of GBX 3,997 per share, for a total transaction of £29,977.50. Also, insider Katie Bickerstaffe purchased 352 shares of Diploma stock in a transaction dated Wednesday, January 14th. The stock was bought at an average cost of GBX 5,645 per share, with a total value of £19,870.40. In the last 90 days, insiders bought 2,012 shares of company stock worth $9,993,580. 1.14% of the stock is currently owned by company insiders.

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.