Short Interest in Halma plc (OTCMKTS:HLMAF) Decreases By 20.0%

Halma plc (OTCMKTS:HLMAF) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 154,900 shares, a decline of 20.0% from the March 15th total of 193,700 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is presently 10.5 days.

Analyst Upgrades and Downgrades

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

Halma Stock Performance

OTCMKTS:HLMAF opened at $34.51 on Tuesday. Halma has a fifty-two week low of $27.03 and a fifty-two week high of $38.53. The company has a current ratio of 2.72, a quick ratio of 1.85 and a debt-to-equity ratio of 0.42. The business’s 50-day simple moving average is $34.35 and its 200-day simple moving average is $34.13.

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.