Halma (OTCMKTS:HLMAF) Lowered to “Hold” Rating by Zacks Research

Zacks Research lowered shares of Halma (OTCMKTS:HLMAF) from a strong-buy rating to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Halma in a research note on Monday, December 1st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Halma Trading Up 2.6%

Shares of HLMAF opened at $49.02 on Tuesday. The company has a quick ratio of 1.53, a current ratio of 2.18 and a debt-to-equity ratio of 0.34. Halma has a fifty-two week low of $29.83 and a fifty-two week high of $50.84. The company has a 50 day moving average price of $48.45 and a 200-day moving average price of $46.40.

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.