Halma (OTCMKTS:HLMAF) Shares Down 3.5% – Should You Sell?

Halma (OTCMKTS:HLMAF)’s stock price was down 3.5% during trading on Friday . The stock traded as low as $46.74 and last traded at $46.74. Approximately 691 shares traded hands during trading, a decline of 95% from the average daily volume of 14,029 shares. The stock had previously closed at $48.43.

Analyst Ratings Changes

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

Halma Stock Performance

The company has a 50 day simple moving average of $46.36 and a 200-day simple moving average of $44.07. The company has a current ratio of 2.44, a quick ratio of 1.78 and a debt-to-equity ratio of 0.37.

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.