Halma (OTCMKTS:HLMAF) Shares Gap Up – Here’s Why

Halma (OTCMKTS:HLMAF)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $50.32, but opened at $53.21. Halma shares last traded at $53.21, with a volume of 138 shares trading hands.

Analyst Ratings Changes

Several research analysts have recently commented on HLMAF shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a research report on Monday, December 1st. Zacks Research downgraded shares of Halma from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Halma Stock Up 0.7%

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 stock’s 50 day simple moving average is $48.88 and its two-hundred day simple moving average is $46.81.

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.