Diploma (LON:DPLM) Receives Buy Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Diploma (LON:DPLM) in a research report released on Wednesday morning, MarketBeat reports.

Diploma Price Performance

Shares of Diploma stock opened at GBX 3,750 ($47.39) on Wednesday. The company has a current ratio of 2.06, a quick ratio of 0.80 and a debt-to-equity ratio of 44.05. The firm has a market capitalization of £5.03 billion, a PE ratio of 4,166.67, a price-to-earnings-growth ratio of 2.82 and a beta of 0.73. The business’s 50-day moving average price is GBX 3,372.76 and its 200-day moving average price is GBX 3,247.51. Diploma has a 12 month low of GBX 2,574 ($32.53) and a 12 month high of GBX 3,870 ($48.91).

Diploma Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 2nd. Stockholders of record on Thursday, January 18th were given a dividend of GBX 40 ($0.51) per share. The ex-dividend date of this dividend was Thursday, January 18th. This is a positive change from Diploma’s previous dividend of $16.50. This represents a dividend yield of 1.32%. Diploma’s dividend payout ratio is 6,333.33%.

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.