Halma (OTCMKTS:HLMAF) Shares Gap Up - What's Next?

Key Points

• Halma's shares experienced a significant gap up, opening at $46.14 after a previous close of $44.79, with a trading volume of 351 shares.
• The stock currently holds an average rating of "Moderate Buy", with four analysts rated as Strong Buy, while others hold a mix of Buy and Hold ratings.
• Halma recently announced a special dividend of $0.19 per share, equating to a dividend yield of 71.0%, reflecting ongoing financial management adjustments.

Halma (OTCMKTS:HLMAF - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $44.79, but opened at $46.14. Halma shares last traded at $46.14, with a volume of 351 shares traded.

Analyst Ratings Changes

HLMAF has been the topic of a number of recent analyst reports. Kepler Capital Markets upgraded Halma to a "strong-buy" rating in a report on Thursday, June 19th. Jefferies Financial Group reiterated an "underperform" rating on shares of Halma in a report on Thursday, June 12th. Zacks Research cut Halma from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. UBS Group reiterated a "buy" rating on shares of Halma in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Halma in a report on Monday, September 8th. Four research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Halma currently has an average rating of "Moderate Buy".

Halma Trading Up 3.0%

The stock has a 50-day moving average of $44.29 and a 200-day moving average of $40.54. 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 firm also recently announced a special dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 11th were paid a dividend of $0.19 per share. This represents a dividend yield of 71.0%. The ex-dividend date was Thursday, July 10th.

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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