Diploma (LON:DPLM) Stock Passes Above 200 Day Moving Average – Should You Sell?

Diploma PLC (LON:DPLM)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 4,167.80 ($54.05) and traded as high as GBX 4,392 ($56.96). Diploma shares last traded at GBX 4,380 ($56.80), with a volume of 189,644 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Diploma in a research note on Thursday, July 18th.

Diploma Stock Performance

The stock has a market capitalization of £5.81 billion, a P/E ratio of 5,002.33, a PEG ratio of 2.82 and a beta of 0.75. The stock’s 50-day simple moving average is GBX 4,383.11 and its 200 day simple moving average is GBX 4,178.70. The company has a debt-to-equity ratio of 45.69, a current ratio of 2.27 and a quick ratio of 0.80.

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.