Halma (LON:HLMA) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Halma plc (LON:HLMA - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,763.57 ($37.53) and traded as high as GBX 2,968 ($40.30). Halma shares last traded at GBX 2,942 ($39.95), with a volume of 725,819 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "hold" rating on shares of Halma in a report on Thursday, March 13th.

Halma Stock Up 0.5%

The business's fifty day simple moving average is GBX 2,752.07 and its two-hundred day simple moving average is GBX 2,763.57. The company has a market cap of £11.13 billion, a PE ratio of 41.35, a PEG ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51.

Insider Activity

In related news, insider Steve Gunning bought 267 shares of the company's stock in a transaction dated Thursday, March 27th. The shares were acquired at an average price of GBX 2,619 ($35.56) per share, for a total transaction of £6,992.73 ($9,495.83). Company insiders own 2.20% of the company's stock.

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in: - Safety - Protecting people's safety and the environment as populations grow, and enhancing worker safety. - Environment - Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research. - Health - Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes. Halma employs over 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.