Halma (OTCMKTS:HLMAF) Hits New 12-Month High - Time to Buy?

Key Points

• Halma's stock reached a new 12-month high at $46.63, closing at $45.19 with a moderate trading volume of 6,138 shares.
• Analysts have mixed views on Halma, with four maintaining a strong-buy rating while one analyst issued a sell rating, resulting in an average rating of "Moderate Buy."
• Halma recently announced a special dividend of $0.19 per share, representing a substantial yield of 71.0% for shareholders.

Halma (OTCMKTS:HLMAF - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as $46.63 and last traded at $45.19, with a volume of 6138 shares changing hands. The stock had previously closed at $45.22.

Analysts Set New Price Targets

A number of research firms have weighed in on HLMAF. The Goldman Sachs Group raised shares of Halma to a "strong-buy" rating in a research report on Wednesday, August 6th. Kepler Capital Markets raised shares of Halma to a "strong-buy" rating in a research report on Thursday, June 19th. Jefferies Financial Group reissued an "underperform" rating on shares of Halma in a research report on Thursday, June 12th. Zacks Research downgraded shares of Halma from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Halma in a research report on Monday, September 8th. Four research analysts have rated the stock with a Strong Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

Halma Trading Down 0.1%

The business has a fifty day moving average of $44.20 and a 200-day moving average of $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 Cuts Dividend

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

Halma Company Profile

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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