Halma (OTCMKTS:HLMAF) Hits New 12-Month High – Here’s What Happened

Halma (OTCMKTS:HLMAF) reached a new 52-week high during trading on Thursday . The company traded as high as $50.00 and last traded at $50.00, with a volume of 1572 shares traded. The stock had previously closed at $48.84.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on HLMAF shares. Zacks Research upgraded Halma from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Barclays reissued an “overweight” rating on shares of Halma in a report on Friday, September 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Halma in a research report on Monday, December 1st. Finally, UBS Group restated a “buy” rating on shares of Halma in a research report on Thursday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued 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 a consensus rating of “Moderate Buy”.

Halma Stock Performance

The company has a fifty day moving average price of $47.72 and a two-hundred day moving average price of $46.01.

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.