Halma (LON:HLMA) Stock Passes Above 200 Day Moving Average - Should You Sell?

Halma plc (LON:HLMA - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,710.77 ($36.08) and traded as high as GBX 2,896 ($38.54). Halma shares last traded at GBX 2,896 ($38.54), with a volume of 522,917 shares traded.

Analyst Ratings Changes

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

Halma Stock Performance

The company's fifty day simple moving average is GBX 2,664 and its 200 day simple moving average is GBX 2,717.39. The stock has a market capitalization of £11.26 billion, a P/E ratio of 41.83, a P/E/G 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.

Insider Buying and Selling

In related news, insider Steve Gunning bought 267 shares of the business's stock in a transaction dated Thursday, March 27th. The shares were purchased at an average price of GBX 2,619 ($34.85) per share, with a total value of £6,992.73 ($9,306.27). 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.