Halma (OTCMKTS:HLMAF) Hits New 1-Year High – Here’s What Happened

Shares of Halma (OTCMKTS:HLMAF) reached a new 52-week high during trading on Tuesday . The stock traded as high as $50.00 and last traded at $48.81, with a volume of 6153 shares changing hands. The stock had previously closed at $48.35.

Analyst Ratings Changes

HLMAF has been the subject of several research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Halma in a research report on Monday, December 1st. Barclays reissued an “overweight” rating on shares of Halma in a report on Friday, September 26th. Zacks Research raised Halma from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 29th. Finally, UBS Group reiterated a “buy” rating on shares of Halma in a research report on Thursday, September 25th. Four investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Halma presently has an average rating of “Moderate Buy”.

Halma Trading Up 1.0%

The stock’s 50 day moving average price is $47.28 and its 200 day moving average price is $45.75.

About Halma

Halma plc is a United Kingdom–based group of specialist technology companies that develop products and services designed to protect and improve lives. The company focuses on safety, health and environmental markets, bringing together a portfolio of engineering-led businesses that design, manufacture and distribute sensing, detection, monitoring and control technologies. Its offering is aimed at reducing risk, improving safety outcomes and supporting regulatory compliance across a range of industrial, commercial and medical settings.

Halma’s subsidiaries supply a broad array of hardware and software solutions, including sensors and detection systems for fire, gas and hazardous conditions, medical devices and diagnostics, environmental and water-quality monitoring equipment, and related lifecycle services such as calibration, maintenance and technical support.