Halma (OTCMKTS:HLMAF) Reaches New 52-Week Low – What’s Next?

Halma (OTCMKTS:HLMAF) shares reached a new 52-week low during trading on Friday. The stock traded as low as $41.6380 and last traded at $41.6380, with a volume of 883 shares trading hands. The stock had previously closed at $45.5590.

Analyst Upgrades and Downgrades

HLMAF has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Halma in a research note on Monday, September 21st. Jefferies Financial Group raised shares of Halma from a “moderate sell” rating to a “hold” rating in a research report on Thursday, September 10th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Halma currently has an average rating of “Hold”.

Halma Stock Performance

The stock has a 50-day simple moving average of $47.12 and a 200-day simple moving average of $52.42.

Halma Company Profile

Halma plc is a United Kingdom-based technology group that develops products and services designed to protect and improve people’s lives. Its businesses focus on life safety, environmental monitoring and analysis, and healthcare technologies.

The company supplies fire and gas detection systems, elevator safety equipment, industrial and personal safety products, and specialist sensing and control technologies. Its environmental businesses provide solutions for monitoring air and water quality, while its healthcare operations develop medical devices and equipment used in areas such as ophthalmology, respiratory care and patient monitoring.

Halma was established in 1894 and has grown through the development and acquisition of specialist technology businesses.