Halma (OTCMKTS:HLMAF) Stock Price Down 2.5% - Should You Sell?

Key Points

• Halma's share price dropped by 2.5% to $42.64, with trading volume decreasing by 33% compared to its average.
• Analysts have mixed opinions on Halma, with a range of ratings from sell to strong buy, resulting in an average rating of "Moderate Buy."
• The company announced a special dividend of $0.19 that will yield 71.0%, with an ex-dividend date of July 10th.

Halma (OTCMKTS:HLMAF - Get Free Report)'s share price fell 2.5% on Friday . The stock traded as low as $42.26 and last traded at $42.64. 4,150 shares traded hands during trading, a decline of 33% from the average session volume of 6,223 shares. The stock had previously closed at $43.75.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Jefferies Financial Group reissued an "underperform" rating on shares of Halma in a research note on Thursday, June 12th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Halma in a report on Monday, June 23rd. Finally, Kepler Capital Markets raised shares of Halma to a "strong-buy" rating in a report on Thursday, June 19th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Halma has a consensus rating of "Moderate Buy".

Halma Price Performance

The firm's 50 day moving average is $42.56 and its 200 day moving average is $38.16. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.44.

Halma Cuts Dividend

The firm also recently announced a special dividend, which will be paid on Friday, August 15th. Investors of record on Friday, July 11th will be given a dividend of $0.19 per share. The ex-dividend date is 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.