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

Halma (OTCMKTS:HLMAF)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $50.32, but opened at $53.21. Halma shares last traded at $53.21, with a volume of 138 shares.

Analyst Ratings Changes

HLMAF has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Halma in a report on Monday, December 1st. Zacks Research lowered Halma from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Halma Trading Up 0.7%

The firm has a 50-day simple moving average of $48.88 and a 200-day simple moving average of $46.81. The company has a current ratio of 2.18, a quick ratio of 1.53 and a debt-to-equity ratio of 0.34.

Halma Company Profile

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.