Zacks Investment Research upgraded shares of Halma (OTCMKTS:HLMAF) from a sell rating to a hold rating in a research report released on Friday morning, Zacks.com reports.

According to Zacks, “Halma PLC is a health and safety sensor technology company. It manufactures products which detect hazards and also protect assets and people at work in public and commercial buildings. Halma PLC is headquartered in Amersham, the United Kingdom. “

Separately, ValuEngine downgraded Halma from a buy rating to a hold rating in a research note on Tuesday, August 6th.

Halma stock remained flat at $$23.55 during mid-day trading on Friday. The business has a 50 day moving average price of $24.73 and a two-hundred day moving average price of $22.96. The company has a market cap of $8.94 billion, a P/E ratio of 34.13, a P/E/G ratio of 3.08 and a beta of 0.75. The company has a quick ratio of 1.60, a current ratio of 2.28 and a debt-to-equity ratio of 0.26. Halma has a 1 year low of $15.80 and a 1 year high of $26.54.

About Halma

Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.

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