Halma (OTCMKTS:HLMAF) Hits New 1-Year High – Here’s Why

Halma (OTCMKTS:HLMAF)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $50.00 and last traded at $48.81, with a volume of 6153 shares changing hands. The stock had previously closed at $48.35.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HLMAF shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a research note on Monday, December 1st. UBS Group restated a “buy” rating on shares of Halma in a research report on Thursday, September 25th. Zacks Research raised shares of Halma from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Finally, Barclays reissued an “overweight” rating on shares of Halma in a report on Friday, September 26th. Four equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Halma presently has a consensus rating of “Moderate Buy”.

Halma Stock Up 2.6%

The business’s fifty day simple moving average is $47.37 and its 200-day simple moving average is $45.82.

Halma Company Profile

Halma plc is a United Kingdom–based group of specialist technology companies that develop products and services designed to protect and improve lives. The company focuses on safety, health and environmental markets, bringing together a portfolio of engineering-led businesses that design, manufacture and distribute sensing, detection, monitoring and control technologies. Its offering is aimed at reducing risk, improving safety outcomes and supporting regulatory compliance across a range of industrial, commercial and medical settings.

Halma’s subsidiaries supply a broad array of hardware and software solutions, including sensors and detection systems for fire, gas and hazardous conditions, medical devices and diagnostics, environmental and water-quality monitoring equipment, and related lifecycle services such as calibration, maintenance and technical support.