Diploma (LON:DPLM) Reaches New 12-Month High at $3,870.00

Diploma PLC (LON:DPLM)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 3,870 ($48.91) and last traded at GBX 3,826 ($48.35), with a volume of 176315 shares. The stock had previously closed at GBX 3,426 ($43.30).

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on DPLM shares. Shore Capital reissued a “buy” rating on shares of Diploma in a research note on Wednesday. Berenberg Bank lifted their price target on shares of Diploma from GBX 3,800 ($48.02) to GBX 4,400 ($55.60) and gave the company a “buy” rating in a research note on Thursday.

Diploma Price Performance

The business has a 50-day moving average price of GBX 3,381.72 and a two-hundred day moving average price of GBX 3,250.80. The company has a quick ratio of 0.80, a current ratio of 2.06 and a debt-to-equity ratio of 44.05. The company has a market capitalization of £4.99 billion, a price-to-earnings ratio of 4,135.56, a price-to-earnings-growth ratio of 2.82 and a beta of 0.73.

Diploma Increases Dividend

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

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.