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

Halma (OTCMKTS:HLMAF) shares gapped down before the market opened on Tuesday . The stock had previously closed at $53.04, but opened at $51.27. Halma shares last traded at $51.27, with a volume of 1,800 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded shares of Halma from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Halma currently has a consensus rating of “Moderate Buy”.

Halma Stock Performance

The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.53 and a current ratio of 2.18. The company’s fifty day simple moving average is $51.76 and its two-hundred day simple moving average is $48.90.

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.