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

Shares of Halma (OTCMKTS:HLMAF) gapped down prior to trading on Wednesday . The stock had previously closed at $48.67, but opened at $47.15. Halma shares last traded at $47.15, with a volume of 727 shares.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HLMAF. UBS Group restated a “buy” rating on shares of Halma in a report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a research report on Monday, December 1st. Barclays restated an “overweight” rating on shares of Halma in a report on Friday, September 26th. Finally, Zacks Research downgraded Halma from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Halma Price Performance

The business’s 50 day moving average is $46.79 and its 200 day moving average is $44.64. 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.