Halma (LON:HLMA) Stock Price Passes Above Two Hundred Day Moving Average of $2,150.36

Halma plc (LON:HLMA)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,150.36 ($26.77) and traded as high as GBX 2,211 ($27.52). Halma shares last traded at GBX 2,204 ($27.44), with a volume of 427,974 shares traded.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Barclays raised shares of Halma to an “overweight” rating and boosted their price target for the stock from GBX 2,425 ($30.19) to GBX 2,650 ($32.99) in a research note on Tuesday, April 9th. Shore Capital reissued a “hold” rating on shares of Halma in a research note on Thursday, March 14th.

Halma Price Performance

The company has a quick ratio of 1.51, a current ratio of 2.68 and a debt-to-equity ratio of 45.76. The firm’s 50-day moving average is GBX 2,281.46 and its 200-day moving average is GBX 2,150.98. The company has a market cap of £8.35 billion, a PE ratio of 3,492.06, a PEG ratio of 4.46 and a beta of 0.58.

About Halma

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.