Halma (OTCMKTS:HLMAF) Trading Down 5.2% – Here’s What Happened
by Mitch Edgeman · The Markets DailyHalma (OTCMKTS:HLMAF – Get Free Report) traded down 5.2% during trading on Friday . The company traded as low as $46.76 and last traded at $46.76. 1,520 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 13,151 shares. The stock had previously closed at $49.35.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on HLMAF. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Halma in a research report on Monday, December 1st. Barclays reissued an “overweight” rating on shares of Halma in a report on Friday, September 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of Halma in a report on Thursday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
View Our Latest Analysis on Halma
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 simple moving average is $46.96 and its 200-day simple moving average is $45.20.
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.