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

Halma plc (LON:HLMA - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,831.20 ($38.19) and traded as high as GBX 3,216 ($43.38). Halma shares last traded at GBX 3,216 ($43.38), with a volume of 452,566 shares.

Analyst Ratings Changes

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

Halma Stock Performance

The stock has a market cap of £12.14 billion, a P/E ratio of 45.09, a P/E/G ratio of 2.93 and a beta of 0.53. The company has a fifty day moving average price of GBX 3,031.13 and a 200 day moving average price of GBX 2,839.82. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51.

Halma (LON:HLMA - Get Free Report) last announced its quarterly earnings results on Thursday, June 12th. The company reported GBX 94.23 ($1.27) earnings per share (EPS) for the quarter. Halma had a return on equity of 15.87% and a net margin of 13.21%. On average, equities analysts expect that Halma plc will post 90.5626134 EPS for the current year.

Insider Activity

In other news, insider Marc Ronchetti sold 36,245 shares of the company's stock in a transaction on Friday, June 27th. The stock was sold at an average price of GBX 3,248 ($43.81), for a total transaction of £1,177,237.60 ($1,588,071.77). 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 ($43.81), for a total value of £617,769.60 ($833,359.77). Insiders have sold 65,175 shares of company stock valued at $211,232,540 in the last 90 days. 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.