Halma (OTCMKTS:HLMAF) Reaches New 12-Month High – Still a Buy?

Halma (OTCMKTS:HLMAF)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $49.99 and last traded at $49.83, with a volume of 5746 shares. The stock had previously closed at $48.9350.

Analyst Ratings Changes

Several equities research analysts have commented on HLMAF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Halma in a research note on Monday, December 1st. Zacks Research raised shares of Halma from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. UBS Group reaffirmed a “buy” rating on shares of Halma in a research note on Thursday, September 25th. Finally, Barclays reiterated an “overweight” rating on shares of Halma in a report on Friday, September 26th. Four analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Halma Trading Down 2.5%

The business’s fifty day moving average is $47.23 and its 200 day moving average is $45.70.

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.