Halma (OTCMKTS:HLMAF) Shares Gap Up – Here’s What Happened

Halma (OTCMKTS:HLMAF) gapped up before the market opened on Monday . The stock had previously closed at $46.76, but opened at $47.9250. Halma shares last traded at $47.6325, with a volume of 1,492 shares traded.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Barclays reissued an “overweight” rating on shares of Halma in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a report on Monday, December 1st. Finally, UBS Group reissued a “buy” rating on shares of Halma in a research note on Thursday, September 25th. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Halma Stock Up 0.7%

The stock’s 50 day moving average price is $46.96 and its 200-day moving average price is $45.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.44.

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.