Halma (LON:HLMA) Stock Price Crosses Above 200 Day Moving Average - Here's What Happened

Halma plc (LON:HLMA - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,795.20 ($37.84) and traded as high as GBX 3,152 ($42.68). Halma shares last traded at GBX 3,144 ($42.57), with a volume of 344,801 shares.

Analysts Set New Price Targets

Separately, Shore Capital restated a "hold" rating on shares of Halma in a research note on Thursday, March 13th.

Halma Trading Up 0.8%

The firm's 50-day simple moving average is GBX 2,900.37 and its 200-day simple moving average is GBX 2,801.03. The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83. The firm has a market capitalization of £11.84 billion, a PE ratio of 43.98, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53.

Halma (LON:HLMA - Get Free Report) last posted its earnings results on Thursday, June 12th. The company reported GBX 94.23 ($1.28) earnings per share for the quarter. Halma had a net margin of 13.21% and a return on equity of 15.87%. Equities analysts expect that Halma plc will post 90.5626134 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Steve Gunning acquired 267 shares of the stock in a transaction on Thursday, March 27th. The stock was acquired at an average cost of GBX 2,619 ($35.46) per share, for a total transaction of £6,992.73 ($9,467.55). Also, insider Hudson La Force bought 2,000 shares of the stock in a transaction dated Monday, June 16th. The shares were acquired at an average price of GBX 4,288 ($58.06) per share, with a total value of £85,760 ($116,111.56). 2.20% of the stock is currently owned by company insiders.

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.