Halma (LON:HLMA) Hits New 12-Month Low at $2,099.00

Halma plc (LON:HLMA – Get Rating) shares reached a new 52-week low on Thursday . The stock traded as low as GBX 2,099 ($25.88) and last traded at GBX 2,120 ($26.14), with a volume of 77762 shares. The stock had previously closed at GBX 2,192 ($27.03).

Several research firms have recently commented on HLMA. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 2,980 ($36.74) price target on shares of Halma in a report on Thursday, March 31st. Shore Capital reaffirmed a “buy” rating on shares of Halma in a report on Wednesday, March 23rd. Barclays decreased their price target on shares of Halma from GBX 3,220 ($39.70) to GBX 2,750 ($33.90) and set an “equal weight” rating for the company in a report on Tuesday, February 1st. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Halma in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 2,595.20 ($32.00).

The company has a debt-to-equity ratio of 32.21, a quick ratio of 1.60 and a current ratio of 2.35. The business’s 50 day simple moving average is GBX 2,442.20 and its 200-day simple moving average is GBX 2,682.95. The stock has a market capitalization of £8.42 billion and a price-to-earnings ratio of 32.10.

In other Halma news, insider Sharmila Nebhrajani sold 36 shares of the business’s stock in a transaction dated Friday, March 25th. The shares were sold at an average price of GBX 2,535 ($31.25), for a total transaction of £912.60 ($1,125.14).

Halma Company Profile (LON:HLMA)

Halma plc provides technology solutions in the safety, health, and environmental markets. It operates through four segments: Process Safety, Infrastructure Safety, Environmental & Analysis, and Medical. The Process Safety segment offers specialized interlocks that control critical processes safely; instruments that detect hazardous gases; and explosion protection and corrosion monitoring systems.

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