Halma (OTCMKTS:HLMAF) Shares Gap Down – Here’s What Happened

Shares of Halma (OTCMKTS:HLMAF) gapped down before the market opened on Thursday . The stock had previously closed at $54.96, but opened at $52.06. Halma shares last traded at $54.44, with a volume of 1,381 shares changing hands.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Halma in a research report on Monday, December 1st. Zacks Research downgraded shares of Halma from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Halma presently has a consensus rating of “Moderate Buy”.

Halma Stock Performance

The stock’s fifty day moving average price is $50.58 and its 200 day moving average price is $47.69. The company has a quick ratio of 1.53, a current ratio of 2.18 and a debt-to-equity ratio of 0.34.

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.