Halma (OTCMKTS:HLMAF) Upgraded to Strong-Buy at Zacks Research

Halma (OTCMKTS:HLMAF) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

A number of other research analysts have also recently weighed in on HLMAF. UBS Group restated a “buy” rating on shares of Halma in a report on Thursday, September 25th. Barclays restated an “overweight” rating on shares of Halma in a research note on Friday, September 26th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Halma in a research note on Monday, December 1st. Four investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Halma Stock Up 3.8%

Shares of OTCMKTS HLMAF opened at $48.96 on Monday. The company has a quick ratio of 1.78, a current ratio of 2.44 and a debt-to-equity ratio of 0.37. Halma has a twelve month low of $29.83 and a twelve month high of $49.59. The stock has a fifty day simple moving average of $47.02 and a 200-day simple moving average of $45.38.

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.