Diploma (LON:DPLM) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Diploma PLC (LON:DPLM) passed 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 Analysts Forecast Growth

DPLM has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Diploma from GBX 6,000 to GBX 6,200 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Berenberg Bank reiterated a “buy” rating and set a GBX 6,350 price objective on shares of Diploma in a research report on Wednesday, November 19th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 6,150 target price on shares of Diploma in a research report on Friday, December 19th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 5,634.29.

Diploma Trading Up 0.2%

The business’s 50 day moving average price is GBX 5,436.28 and its two-hundred day moving average price is GBX 5,415.30. 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 company has a market capitalization 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.

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

Insider Buying and Selling

In other Diploma news, insider Geraldine Huse purchased 750 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were purchased at an average cost of GBX 3,997 per share, for a total transaction of £29,977.50. Also, insider Wilson Ng purchased 410 shares of the business’s stock in a transaction on Friday, December 19th. The stock was acquired at an average cost of GBX 5,369 per share, with a total value of £22,012.90. In the last ninety days, insiders have purchased 2,012 shares of company stock worth $9,993,580. 1.14% of the stock is owned by corporate 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.