Halma plc (OTCMKTS:HLMAF) Sees Large Decline in Short Interest

Halma plc (OTCMKTS:HLMAF) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 193,700 shares, a decline of 27.4% from the February 28th total of 266,800 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 15,600 shares, the short-interest ratio is currently 12.4 days.

Halma Stock Down 2.0 %

Shares of HLMAF stock traded down $0.69 on Friday, hitting $33.31. The stock had a trading volume of 7,070 shares, compared to its average volume of 34,545. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.85 and a current ratio of 2.72. The business has a 50 day moving average of $35.65 and a 200 day moving average of $34.33. Halma has a 12-month low of $27.03 and a 12-month high of $38.53.

Analyst Ratings Changes

Several brokerages recently weighed in on HLMAF. HSBC raised shares of Halma to a “hold” rating in a research report on Tuesday, March 4th. Berenberg Bank upgraded Halma from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd. Finally, Hsbc Global Res raised Halma from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Halma presently has a consensus rating of “Moderate Buy”.

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.