Diploma (LON:DPLM) Shares Pass Above 200-Day Moving Average of $3,904.39

Diploma PLC (LON:DPLM) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,904.39 ($51.49) and traded as high as GBX 4,486 ($59.16). Diploma shares last traded at GBX 4,464 ($58.87), with a volume of 215,785 shares changing hands.

Analysts Set New Price Targets

Several research analysts recently weighed in on DPLM shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 4,500 ($59.34) price objective on shares of Diploma in a research report on Tuesday, May 7th. Shore Capital reaffirmed a “buy” rating on shares of Diploma in a research report on Thursday, July 18th. Berenberg Bank boosted their price objective on Diploma from GBX 4,400 ($58.02) to GBX 4,700 ($61.98) and gave the stock a “buy” rating in a research report on Monday, May 13th. Finally, Barclays reaffirmed an “overweight” rating and set a GBX 4,050 ($53.41) target price on shares of Diploma in a research report on Wednesday, May 15th.

Diploma Price Performance

The company has a current ratio of 2.27, a quick ratio of 0.80 and a debt-to-equity ratio of 45.69. The business’s fifty day moving average is GBX 4,239.17 and its 200 day moving average is GBX 3,904.39. The company has a market cap of £5.98 billion, a P/E ratio of 5,190.70, a PEG ratio of 2.82 and a beta of 0.74.

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.