Halma (OTCMKTS:HLMAF) Sets New 1-Year High – Here’s What Happened

Halma (OTCMKTS:HLMAF)’s share price hit a new 52-week high on Thursday . The company traded as high as $64.30 and last traded at $64.30, with a volume of 1152 shares changing hands. The stock had previously closed at $61.18.

Analysts Set New Price Targets

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

Halma Stock Up 4.2%

The company has a debt-to-equity ratio of 0.34, a current ratio of 2.18 and a quick ratio of 1.53. The company has a 50-day simple moving average of $55.52 and a 200-day simple moving average of $51.13.

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.