Shore Capital Downgrades Diploma (LON:DPLM) to Hold

Diploma (LON:DPLM) was downgraded by equities research analysts at Shore Capital to a “hold” rating in a research report issued to clients and investors on Tuesday,Digital Look reports.

Diploma Stock Down 8.3 %

DPLM stock traded down GBX 376 ($4.77) during trading on Tuesday, reaching GBX 4,160 ($52.73). The stock had a trading volume of 1,430,471 shares, compared to its average volume of 378,223. The company has a quick ratio of 0.80, a current ratio of 2.27 and a debt-to-equity ratio of 45.69. The company has a market capitalization of £5.58 billion, a price-to-earnings ratio of 4,865.12, a P/E/G ratio of 2.82 and a beta of 0.75. Diploma has a one year low of GBX 2,992 ($37.93) and a one year high of GBX 4,653 ($58.98). The company’s 50 day moving average is GBX 4,397.31 and its two-hundred day moving average is GBX 4,257.73.

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.