Halma (OTCMKTS:HLMAF) Stock Price Up 4.4% – Here’s What Happened

Halma (OTCMKTS:HLMAF)’s share price rose 4.4% on Monday. The company traded as high as $47.1994 and last traded at $47.1498. Approximately 2,303 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 7,185 shares. The stock had previously closed at $45.17.

Analyst Ratings Changes

Several brokerages have issued reports on HLMAF. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Halma in a research note on Monday, September 21st. Citigroup reaffirmed a “buy” rating on shares of Halma in a research note on Thursday, June 18th. BNP Paribas Exane upgraded Halma to an “outperform” rating in a report on Monday, June 15th. Finally, Jefferies Financial Group raised Halma from a “moderate sell” rating to a “hold” rating in a research note on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Halma Stock Up 4.0%

The company’s 50 day moving average is $47.88 and its 200 day moving average is $52.73.

About Halma

Halma plc is a United Kingdom-based technology group that develops products and solutions designed to protect and improve the lives of people. Its businesses focus on safety, health and environmental applications, serving customers across industrial, commercial, healthcare, infrastructure and public-sector markets.

The company’s products include fire and gas detection systems, life-safety equipment, elevator safety components, water and air-quality monitoring technologies, optical and photonic systems, and medical and healthcare devices.