Halma (OTCMKTS:HLMAF) Sets New 12-Month High – Here’s What Happened

Halma plc (OTCMKTS:HLMAF)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $40.00 and last traded at $40.00, with a volume of 5532 shares trading hands. The stock had previously closed at $39.84.

Wall Street Analyst Weigh In

HLMAF has been the subject of several recent analyst reports. Berenberg Bank raised shares of Halma from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd. Hsbc Global Res raised shares of Halma from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, HSBC raised shares of Halma to a “hold” rating in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Halma Price Performance

The company has a 50-day moving average of $35.24 and a 200 day moving average of $34.88. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.85 and a current ratio of 2.72.

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.