Halma (LON:HLMA) Share Price Crosses Above Two Hundred Day Moving Average of $2,150.36

Shares of Halma plc (LON:HLMA) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,150.36 ($26.77) and traded as high as GBX 2,211 ($27.52). Halma shares last traded at GBX 2,204 ($27.44), with a volume of 427,974 shares trading hands.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Barclays upgraded Halma to an “overweight” rating and upped their price objective for the stock from GBX 2,425 ($30.19) to GBX 2,650 ($32.99) in a research note on Tuesday, April 9th. Shore Capital reissued a “hold” rating on shares of Halma in a report on Thursday, March 14th.

Halma Trading Down 1.6 %

The firm has a fifty day moving average price of GBX 2,281.56 and a 200 day moving average price of GBX 2,150.36. The company has a debt-to-equity ratio of 45.76, a quick ratio of 1.51 and a current ratio of 2.68. The company has a market cap of £8.37 billion, a price-to-earnings ratio of 3,498.41, a P/E/G ratio of 4.46 and a beta of 0.58.

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.