Halma (OTCMKTS:HLMAF) Sets New 12-Month High – What’s Next?

Shares of Halma (OTCMKTS:HLMAF) reached a new 52-week high during trading on Thursday . The stock traded as high as $49.00 and last traded at $46.96, with a volume of 1697 shares traded. The stock had previously closed at $42.85.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on HLMAF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Halma in a report on Monday, October 6th. Zacks Research lowered Halma from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Barclays reissued an “overweight” rating on shares of Halma in a research note on Friday, September 26th. UBS Group restated a “buy” rating on shares of Halma in a research note on Thursday, September 25th. Finally, The Goldman Sachs Group raised Halma to a “strong-buy” rating in a report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Halma currently has a consensus rating of “Moderate Buy”.

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 company has a 50 day moving average price of $46.06 and a 200 day moving average price of $43.71.

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.