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

Halma (OTCMKTS:HLMAF) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $49.00 and last traded at $49.00, with a volume of 823 shares changing hands. The stock had previously closed at $48.00.

Analysts Set New Price Targets

HLMAF has been the topic of several recent research reports. UBS Group reiterated a “buy” rating on shares of Halma in a research report on Thursday, September 25th. Barclays restated an “overweight” rating on shares of Halma in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Halma in a report on Monday. Zacks Research lowered shares of Halma from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Finally, The Goldman Sachs Group raised Halma to a “strong-buy” rating in a report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Halma Stock Performance

The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.78. The firm’s 50 day moving average price is $46.53 and its 200-day moving average price is $44.31.

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.