Diploma (LON:DPLM) Rating Lowered to "Hold" at Shore Capital

Shore Capital downgraded shares of Diploma (LON:DPLM - Free Report) to a hold rating in a report published on Tuesday, MarketBeat reports.

Diploma Price Performance

Shares of LON DPLM traded down GBX 362 ($4.59) during mid-day trading on Tuesday, reaching GBX 4,174 ($52.97). The company had a trading volume of 906,854 shares, compared to its average volume of 375,906. The company has a debt-to-equity ratio of 45.69, a quick ratio of 0.80 and a current ratio of 2.27. Diploma has a one year low of GBX 2,992 ($37.97) and a one year high of GBX 4,653 ($59.05). The firm has a market cap of £5.59 billion, a price-to-earnings ratio of 4,853.49, a PEG ratio of 2.82 and a beta of 0.75. The business's 50-day simple moving average is GBX 4,399.58 and its 200 day simple moving average is GBX 4,263.55.

Diploma Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be paid a dividend of GBX 42 ($0.53) per share. This represents a dividend yield of 0.93%. This is a positive change from Diploma's previous dividend of $17.30. The ex-dividend date of this dividend is Thursday, January 16th. Diploma's dividend payout ratio (DPR) is presently 6,627.91%.

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.