Halma plc (OTCMKTS:HLMAF) Sees Large Drop in Short Interest

Halma plc (OTCMKTS:HLMAF - Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 67,100 shares, a decrease of 64.5% from the April 30th total of 189,100 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 26,900 shares, the days-to-cover ratio is presently 2.5 days.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HLMAF. HSBC raised shares of Halma to a "hold" rating in a report on Tuesday, March 4th. Hsbc Global Res upgraded shares of Halma from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy".

Halma Trading Down 2.6%

OTCMKTS:HLMAF traded down $1.04 on Friday, hitting $38.81. 5,345 shares of the stock were exchanged, compared to its average volume of 25,042. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.85 and a current ratio of 2.72. Halma has a 52 week low of $28.03 and a 52 week high of $40.08. The company's 50-day moving average price is $36.11 and its 200 day moving average price is $35.29.

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.