Halma (OTCMKTS:HLMAF) Hits New 12-Month High – Should You Buy?

Halma (OTCMKTS:HLMAF)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $49.00 and last traded at $49.00, with a volume of 823 shares trading hands. The stock had previously closed at $48.00.

Analyst Ratings Changes

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

Halma Trading Up 1.2%

The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.78. The business has a 50 day simple moving average of $46.53 and a 200 day simple moving average of $44.31.

Halma Company Profile

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.