Diploma (LON:DPLM) Shares Pass Above 200-Day Moving Average of $4,065.97

Diploma PLC (LON:DPLM - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 4,065.97 ($54.39) and traded as high as GBX 4,498 ($60.17). Diploma shares last traded at GBX 4,422 ($59.15), with a volume of 80,762 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "buy" rating on shares of Diploma in a research note on Thursday, July 18th.

Diploma Trading Down 0.2 %

The firm's 50-day simple moving average is GBX 4,351.07 and its 200-day simple moving average is GBX 4,073.45. The firm has a market capitalization of £5.94 billion, a P/E ratio of 5,155.81, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a quick ratio of 0.80, a current ratio of 2.27 and a debt-to-equity ratio of 45.69.

About Diploma

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.