Diploma (LON:DPLM) Stock Price Up 15.1% – Should You Buy?

Diploma PLC (LON:DPLM) was up 15.1% during mid-day trading on Tuesday . The company traded as high as GBX 5,025 ($67.12) and last traded at GBX 4,860 ($64.91). Approximately 975,747 shares traded hands during trading, an increase of 115% from the average daily volume of 453,933 shares. The stock had previously closed at GBX 4,222 ($56.39).

Diploma Stock Up 15.1%

The firm has a market cap of £6.48 billion, a P/E ratio of 55.86, a P/E/G ratio of 2.82 and a beta of 0.75. The company has a debt-to-equity ratio of 62.17, a quick ratio of 0.80 and a current ratio of 2.17. The firm’s fifty day moving average is GBX 3,930.48 and its 200 day moving average is GBX 4,249.04.

Insiders Place Their Bets

In other Diploma news, insider Ian El-Mokadem bought 500 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were purchased at an average price of GBX 3,948 ($52.73) per share, for a total transaction of £19,740 ($26,365.70). Also, insider David S. Lowden purchased 750 shares of Diploma stock in a transaction that occurred on Friday, March 21st. The shares were bought at an average cost of GBX 3,928 ($52.46) per share, for a total transaction of £29,460 ($39,348.20). Company insiders own 0.52% of the company’s stock.

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.