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

Halma (OTCMKTS:HLMAF)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $48.00 and last traded at $48.00, with a volume of 2457 shares. The stock had previously closed at $46.75.

Analyst Ratings Changes

Several analysts have issued reports on HLMAF shares. The Goldman Sachs Group upgraded Halma to a “strong-buy” rating in a research note on Wednesday, August 6th. UBS Group reiterated a “buy” rating on shares of Halma in a research note on Thursday, September 25th. Kepler Capital Markets upgraded Halma to a “strong-buy” rating in a research note on Thursday, June 19th. Jefferies Financial Group reissued an “underperform” rating on shares of Halma in a research note on Thursday, June 12th. Finally, Barclays reaffirmed an “overweight” rating on shares of Halma in a research note on Friday, September 26th. Four analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Halma Stock Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.44. The business’s 50 day moving average price is $44.61 and its two-hundred day moving average price is $40.97.

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.