Diploma (LON:DPLM) Shares Cross Above 200-Day Moving Average of $3,230.01

Shares of Diploma PLC (LON:DPLMGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,230.01 ($41.38) and traded as high as GBX 3,414 ($43.74). Diploma shares last traded at GBX 3,380 ($43.31), with a volume of 240,962 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DPLM. Berenberg Bank boosted their price target on Diploma from GBX 3,500 ($44.84) to GBX 3,800 ($48.69) and gave the company a “buy” rating in a research report on Monday, November 20th. Shore Capital restated a “buy” rating on shares of Diploma in a research note on Monday, November 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,210 ($41.13).

Get Our Latest Stock Report on DPLM

Diploma Stock Performance

The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 44.05. The company has a 50 day moving average of GBX 3,357.76 and a 200 day moving average of GBX 3,230.40. The firm has a market cap of £4.53 billion, a price-to-earnings ratio of 3,755.56, a PEG ratio of 2.82 and a beta of 0.73.

Diploma Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 2nd. Investors of record on Thursday, January 18th were paid a GBX 40 ($0.51) dividend. This is a boost from Diploma’s previous dividend of $16.50. The ex-dividend date of this dividend was Thursday, January 18th. This represents a dividend yield of 1.32%. Diploma’s payout ratio is 6,333.33%.

Diploma Company Profile

(Get Free Report)

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.

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