Halma plc (LON:HLMA - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,925.97 ($39.58) and traded as high as GBX 3,240 ($43.83). Halma shares last traded at GBX 3,226 ($43.64), with a volume of 412,346 shares.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group initiated coverage on Halma in a report on Thursday, August 7th. They set a "buy" rating and a GBX 3,740 price target on the stock. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Halma presently has a consensus rating of "Hold" and an average price target of GBX 3,013.33.
View Our Latest Stock Report on Halma
Halma Price Performance
The stock has a fifty day simple moving average of GBX 3,218.16 and a two-hundred day simple moving average of GBX 2,934.05. The company has a market cap of £12.28 billion, a PE ratio of 45.61, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83.
Halma (LON:HLMA - Get Free Report) last announced its quarterly earnings data on Thursday, June 12th. The company reported GBX 94.23 earnings per share for the quarter. Halma had a return on equity of 15.87% and a net margin of 13.21%. On average, equities analysts predict that Halma plc will post 90.5626134 EPS for the current fiscal year.
Insider Activity
In other news, insider Marc Ronchetti sold 36,245 shares of Halma stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of GBX 3,248, for a total transaction of £1,177,237.60. Also, insider Hudson La Force purchased 2,000 shares of Halma stock in a transaction dated Monday, June 16th. The shares were bought at an average price of GBX 4,288 per share, with a total value of £85,760. In the last three months, insiders sold 65,175 shares of company stock worth $211,232,540. Company insiders own 2.20% of the company's stock.
Halma Company Profile
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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.
Further Reading
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