Halma (OTCMKTS:HLMAF) Stock Price Down 0.3% - Time to Sell?

Key Points

• Halma's stock price decreased by 0.3% on Monday, trading at $45.22, with a notable increase in trading volume of 249%.
• Analysts have given Halma a mixed rating - four recommended a Strong Buy, while one analyst has issued a Sell rating, resulting in an average rating of Moderate Buy.
• The company recently paid a $0.19 special dividend, reflecting a high dividend yield of 71.0%, underscoring its commitment to delivering shareholder value despite recent performance changes.

Halma (OTCMKTS:HLMAF - Get Free Report) traded down 0.3% during trading on Monday . The company traded as low as $45.22 and last traded at $45.22. 7,018 shares changed hands during mid-day trading, an increase of 249% from the average session volume of 2,009 shares. The stock had previously closed at $45.34.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Kepler Capital Markets raised Halma to a "strong-buy" rating in a research note on Thursday, June 19th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Halma in a research report on Monday, September 8th. Jefferies Financial Group reaffirmed an "underperform" rating on shares of Halma in a research report on Thursday, June 12th. The Goldman Sachs Group raised Halma to a "strong-buy" rating in a research report on Wednesday, August 6th. Finally, Zacks Research cut Halma from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Four investment analysts have rated the stock with a Strong Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

Halma Stock Performance

The firm has a 50 day moving average price of $44.15 and a 200 day moving average price of $40.17. 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. Stockholders of record on Friday, July 11th were paid a $0.19 dividend. The ex-dividend date of this dividend was Thursday, July 10th. This represents a dividend 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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