Halma (OTCMKTS:HLMAF) Hits New 1-Year High – Should You Buy?

Shares of Halma (OTCMKTS:HLMAF) reached a new 52-week high on Tuesday . The company traded as high as $54.63 and last traded at $54.52, with a volume of 5298 shares traded. The stock had previously closed at $52.17.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on HLMAF shares. Zacks Research lowered shares of Halma from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a research note on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Halma Stock Performance

The stock has a 50-day moving average of $49.49 and a 200 day moving average of $47.15. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.18 and a quick ratio of 1.53.

About Halma

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.