Halma (LON:HLMA) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Halma plc (LON:HLMA)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,616.05 and traded as high as GBX 3,928. Halma shares last traded at GBX 3,858.97, with a volume of 1,059,385 shares trading hands.

Analyst Upgrades and Downgrades

HLMA has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price target on Halma from GBX 3,500 to GBX 3,900 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Panmure Gordon lifted their price objective on Halma from GBX 3,820 to GBX 3,880 and gave the company a “buy” rating in a research note on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Halma from GBX 3,800 to GBX 3,980 and gave the stock a “hold” rating in a research report on Friday, January 16th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Halma has an average rating of “Moderate Buy” and a consensus price target of GBX 3,737.50.

Halma Price Performance

The stock’s fifty day moving average price is GBX 3,800.06 and its two-hundred day moving average price is GBX 3,616.05. The firm has a market capitalization of £14.58 billion, a price-to-earnings ratio of 42.20, a price-to-earnings-growth ratio of 2.93 and a beta of 0.92. The company has a current ratio of 2.18, a quick ratio of 1.51 and a debt-to-equity ratio of 43.44.

Halma (LON:HLMA) last released its quarterly earnings data on Friday, January 16th. The company reported GBX 55.32 earnings per share (EPS) for the quarter. Halma had a net margin of 14.63% and a return on equity of 13.73%. Equities research analysts expect that Halma plc will post 90.5626134 EPS for the current year.

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.