Halma (OTCMKTS:HLMAF) Shares Gap Down – Here’s What Happened

Halma (OTCMKTS:HLMAF)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $54.96, but opened at $52.06. Halma shares last traded at $54.44, with a volume of 1,381 shares trading hands.

Analysts Set New Price Targets

A number of brokerages have recently commented on HLMAF. Zacks Research downgraded shares of Halma from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Halma in a research report on Monday, December 1st. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Halma has an average rating of “Moderate Buy”.

Halma Price Performance

The company has a current ratio of 2.18, a quick ratio of 1.53 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average price of $50.79 and a 200 day moving average price of $47.79.

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.