Diploma PLC (LON:DPLM - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,411.78 ($57.01) and traded as high as GBX 4,554 ($58.84). Diploma shares last traded at GBX 4,404 ($56.91), with a volume of 425,000 shares traded.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on DPLM shares. Shore Capital cut Diploma to a "hold" rating in a report on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 5,100 ($65.90) price target on shares of Diploma in a report on Friday, November 22nd. Finally, JPMorgan Chase & Co. raised their price target on Diploma from GBX 4,370 ($56.47) to GBX 4,420 ($57.11) and gave the company a "neutral" rating in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 4,567.50 ($59.02).
View Our Latest Research Report on Diploma
Diploma Price Performance
The stock has a market capitalization of £5.70 billion, a P/E ratio of 49.13, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. 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 50-day simple moving average of GBX 4,437.38 and a 200 day simple moving average of GBX 4,411.69.
Diploma Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a GBX 42 ($0.54) dividend. This represents a yield of 0.93%. This is a positive change from Diploma's previous dividend of $17.30. The ex-dividend date of this dividend was Thursday, January 16th. Diploma's dividend payout ratio (DPR) is presently 65.52%.
Insider Buying and Selling at Diploma
In related news, insider Jennifer Ward purchased 1,000 shares of Diploma stock in a transaction dated Thursday, January 16th. The shares were acquired at an average cost of GBX 4,250 ($54.92) per share, for a total transaction of £42,500 ($54,916.66). Also, insider Chris Davies purchased 3,917 shares of Diploma stock in a transaction dated Friday, December 20th. The stock was bought at an average price of GBX 4,280 ($55.30) per share, for a total transaction of £167,647.60 ($216,626.95). Corporate insiders own 0.52% of the company's stock.
About Diploma
(
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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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