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

Shares of Halma (OTCMKTS:HLMAF) gapped down before the market opened on Wednesday . The stock had previously closed at $50.21, but opened at $48.1820. Halma shares last traded at $48.1610, with a volume of 1,886 shares.

Analyst Upgrades and Downgrades

HLMAF has been the topic of several research reports. BNP Paribas Exane raised shares of Halma to an “outperform” rating in a research report on Monday, June 15th. Citigroup reaffirmed a “buy” rating on shares of Halma in a report on Thursday, June 18th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Halma presently has a consensus rating of “Moderate Buy”.

Halma Stock Performance

The stock has a 50-day simple moving average of $50.16 and a two-hundred day simple moving average of $53.97.

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.