Halma (LON:HLMA) Shares Cross Above 200-Day Moving Average - Here's Why

Key Points

• Halma plc's stock price recently crossed above its 200-day moving average of GBX 2,893.99 ($38.23), reaching as high as GBX 3,300 ($43.59) during trading.
• The company reported a quarterly earnings per share (EPS) of GBX 94.23 ($1.24) and has a market capitalization of £12.10 billion with a price-to-earnings ratio of 44.97.
• Insider transactions have been notable, with insider sales amounting to 65,175 shares valued at approximately $211 million over the last 90 days.

Halma plc (LON:HLMA - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,893.99 ($38.46) and traded as high as GBX 3,300 ($43.86). Halma shares last traded at GBX 3,252 ($43.22), with a volume of 757,013 shares trading hands.

Halma Trading Up 0.4%

The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45. The company has a 50 day moving average of GBX 3,137.88 and a two-hundred day moving average of GBX 2,903.16. The stock has a market cap of £12.31 billion, a PE ratio of 45.72, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53.

Halma (LON:HLMA - Get Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported GBX 94.23 ($1.25) earnings per share (EPS) for the quarter. Halma had a return on equity of 15.87% and a net margin of 13.21%. Sell-side analysts anticipate that Halma plc will post 90.5626134 earnings per share for the current fiscal year.

Insider Activity at Halma

In related news, insider Hudson La Force acquired 2,000 shares of the firm's stock in a transaction on Monday, June 16th. The stock was bought at an average price of GBX 4,288 ($56.99) per share, for a total transaction of £85,760 ($113,981.92). Also, insider Jennifer Ward sold 19,020 shares of the company's stock in a transaction on Thursday, June 26th. The shares were sold at an average price of GBX 3,248 ($43.17), for a total transaction of £617,769.60 ($821,065.39). Insiders have sold 65,175 shares of company stock valued at $211,232,540 over the last quarter. 2.20% of the stock is owned by insiders.

About Halma

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.