Halma (OTCMKTS:HLMAF) Shares Gap Up – What’s Next?

Halma (OTCMKTS:HLMAF) gapped up prior to trading on Monday. The stock had previously closed at $44.7110, but opened at $47.2860. Halma shares last traded at $46.5610, with a volume of 1,192 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on HLMAF shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Halma in a report on Monday, September 21st. Jefferies Financial Group upgraded Halma from a “moderate sell” rating to a “hold” rating in a research note on Thursday, September 10th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Halma Stock Performance

The stock has a 50 day moving average price of $46.66 and a 200-day moving average price of $51.82.

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.