Diploma (LON:DPLM) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Diploma PLC (LON:DPLM) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 4,287.14 ($58.18) and traded as high as GBX 4,720 ($64.05). Diploma shares last traded at GBX 4,716 ($64.00), with a volume of 235,972 shares changing hands.

Diploma Stock Performance

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 firm has a market capitalization of £6.25 billion, a price-to-earnings ratio of 53.89, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a 50-day moving average of GBX 4,255.47 and a 200-day moving average of GBX 4,287.14.

Diploma (LON:DPLM) last issued its quarterly earnings data on Wednesday, May 21st. The company reported GBX 80.20 ($1.09) EPS for the quarter. Diploma had a return on equity of 13.18% and a net margin of 9.25%. On average, equities research analysts forecast that Diploma PLC will post 163.7995512 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Katie Bickerstaffe acquired 13 shares of the stock in a transaction that occurred on Tuesday, May 20th. The stock was purchased at an average cost of GBX 4,982 ($67.61) per share, for a total transaction of £647.66 ($878.90). Also, insider Ian El-Mokadem purchased 500 shares of the firm’s stock in a transaction dated Monday, March 24th. The stock was acquired at an average cost of GBX 3,948 ($53.58) per share, with a total value of £19,740 ($26,787.90). Insiders purchased a total of 1,346 shares of company stock worth $5,393,173 in the last three months. 0.52% of the stock is owned by 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.