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

Shares of Halma (OTCMKTS:HLMAF) gapped down before the market opened on Monday . The stock had previously closed at $52.0430, but opened at $49.4740. Halma shares last traded at $50.13, with a volume of 3,596 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on HLMAF shares. BNP Paribas Exane raised shares of Halma to an “outperform” rating in a report on Monday, June 15th. Citigroup reiterated a “buy” rating on shares of Halma in a report on Thursday, June 18th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Halma Stock Down 2.6%

The company has a 50 day moving average price of $52.16 and a two-hundred day moving average price of $54.00.

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.