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

Halma (OTCMKTS:HLMAF)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $50.0240, but opened at $48.2670. Halma shares last traded at $48.0520, with a volume of 1,538 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on HLMAF shares. BNP Paribas Exane upgraded shares of Halma to an “outperform” rating in a report on Monday, June 15th. Citigroup reaffirmed a “buy” rating on shares of Halma in a research note on Thursday, June 18th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Halma Stock Down 1.2%

The firm’s 50-day moving average is $49.32 and its two-hundred day moving average is $53.98.

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.