Halma (OTCMKTS:HLMAF) Reaches New 1-Year High - What's Next?

Halma (OTCMKTS:HLMAF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $44.03 and last traded at $44.03, with a volume of 568 shares changing hands. The stock had previously closed at $41.35.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on HLMAF shares. Jefferies Financial Group restated an "underperform" rating on shares of Halma in a research report on Thursday, June 12th. Hsbc Global Res raised shares of Halma from a "moderate sell" rating to a "hold" rating in a research report on Tuesday, March 4th. HSBC raised Halma to a "hold" rating in a research report on Tuesday, March 4th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Halma in a research note on Monday. Finally, Kepler Capital Markets upgraded shares of Halma to a "strong-buy" rating in a research report on Thursday, June 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Halma Stock Down 5.2%

The company has a quick ratio of 1.85, a current ratio of 2.44 and a debt-to-equity ratio of 0.37. The company has a fifty day simple moving average of $39.51 and a two-hundred day simple moving average of $36.35.

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.