Halma (OTCMKTS:HLMAF) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Halma (OTCMKTS:HLMAF) received an average recommendation of “Moderate Buy” from ten research firms, with ratings varying from one sell to four strong buys.
• The company recently announced a special dividend of $0.19 per share, which offers a yield of 71.0% for investors.
• Halma’s stock has a one-year range of $29.83 to $46.63, with a current trading price of $45.19.

Shares of Halma (OTCMKTS:HLMAF - Get Free Report) have been given an average recommendation of "Moderate Buy" by the ten research firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a strong buy rating to the company.

HLMAF has been the topic of a number of analyst reports. Kepler Capital Markets upgraded Halma to a "strong-buy" rating in a research note on Thursday, June 19th. Jefferies Financial Group reiterated an "underperform" rating on shares of Halma in a research note on Thursday, June 12th. Zacks Research cut Halma from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. The Goldman Sachs Group upgraded Halma to a "strong-buy" rating in a research report on Wednesday, August 6th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Halma in a research report on Monday, September 8th.

Halma Trading Down 0.1%

HLMAF stock opened at $45.19 on Wednesday. The stock's fifty day simple moving average is $44.20 and its two-hundred day simple moving average is $40.20. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.44 and a quick ratio of 1.78. Halma has a 1-year low of $29.83 and a 1-year high of $46.63.

Halma Cuts Dividend

The business also recently announced a special dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 11th were issued a dividend of $0.19 per share. The ex-dividend date was Thursday, July 10th. This represents a yield of 71.0%.

About Halma

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.

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