Halma (OTCMKTS:HLMAF) Reaches New 1-Year High at $31.08

Halma plc (OTCMKTS:HLMAF) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $31.08 and last traded at $31.08, with a volume of 445 shares trading hands. The stock had previously closed at $30.25.

A number of research analysts recently weighed in on the company. UBS Group reiterated a “neutral” rating on shares of Halma in a report on Tuesday, July 14th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Halma in a research note on Thursday, July 16th. Barclays reissued an “equal weight” rating on shares of Halma in a research note on Thursday, July 16th. Jefferies Financial Group restated an “underperform” rating on shares of Halma in a report on Monday, July 20th. Finally, Zacks Investment Research cut shares of Halma from a “buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $33.00.

The stock’s fifty day moving average is $29.45 and its two-hundred day moving average is $27.54. The firm has a market capitalization of $11.48 billion, a price-to-earnings ratio of 42.57 and a beta of 0.87. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.29 and a current ratio of 1.84.

About Halma (OTCMKTS:HLMAF)

Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.

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