Halma (OTCMKTS:HLMAF) Shares Gap Up – What’s Next?

Halma (OTCMKTS:HLMAF)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $43.37, but opened at $44.3530. Halma shares last traded at $44.21, with a volume of 1,019 shares trading hands.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HLMAF. Zacks Research lowered Halma from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a report on Monday, October 6th. Barclays restated 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 report on Wednesday, August 6th. Finally, UBS Group reiterated a “buy” rating on shares of Halma in a research note on Thursday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Halma Stock Up 0.1%

The stock’s 50-day moving average price is $46.12 and its 200 day moving average price is $43.68. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.78.

About Halma

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.