Halma (LON:HLMA) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Halma plc (LON:HLMA)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,908.17 and traded as high as GBX 4,896. Halma shares last traded at GBX 4,876, with a volume of 2,171,278 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HLMA. Shore Capital Group reiterated a “hold” rating on shares of Halma in a research report on Monday, April 13th. UBS Group reiterated a “buy” rating and issued a £47,750 price target on shares of Halma in a research report on Friday. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of £5,338.78.

Halma Trading Down 4.4%

The company’s fifty day simple moving average is GBX 4,372.69 and its two-hundred day simple moving average is GBX 3,924.08. The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 43.44. The company has a market capitalization of £17.62 billion, a price-to-earnings ratio of 51.00, a price-to-earnings-growth ratio of 2.93 and a beta of 0.96.

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.