Halma (OTCMKTS:HLMAF) Shares Gap Up – Time to Buy?

Halma (OTCMKTS:HLMAF)’s share price gapped up before the market opened on Monday . The stock had previously closed at $46.76, but opened at $47.9250. Halma shares last traded at $47.6325, with a volume of 1,492 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. UBS Group reiterated a “buy” rating on shares of Halma in a research report on Thursday, September 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Halma in a research note on Monday, December 1st. Finally, Barclays reiterated an “overweight” rating on shares of Halma in a research report on Friday, September 26th. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Halma Trading Up 0.7%

The company has a 50 day simple moving average of $46.96 and a two-hundred day simple moving average of $45.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.44.

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.