Halma (OTCMKTS:HLMAF) Shares Gap Up – Here’s Why

Halma (OTCMKTS:HLMAF)’s share price gapped up before the market opened on Monday. The stock had previously closed at $44.7110, but opened at $47.2860. Halma shares last traded at $46.5610, with a volume of 1,192 shares.

Analyst Ratings Changes

Several brokerages have weighed in on HLMAF. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Halma in a research note on Monday, September 21st. Jefferies Financial Group upgraded Halma from a “moderate sell” rating to a “hold” rating in a research report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Halma has a consensus rating of “Hold”.

Halma Price Performance

The business’s 50 day simple moving average is $46.66 and its 200 day simple moving average is $51.82.

Halma Company Profile

Halma plc is a United Kingdom-based technology group that develops products and services designed to protect and improve people’s lives. Its businesses focus on life safety, environmental monitoring and analysis, and healthcare technologies.

The company supplies fire and gas detection systems, elevator safety equipment, industrial and personal safety products, and specialist sensing and control technologies. Its environmental businesses provide solutions for monitoring air and water quality, while its healthcare operations develop medical devices and equipment used in areas such as ophthalmology, respiratory care and patient monitoring.

Halma was established in 1894 and has grown through the development and acquisition of specialist technology businesses.