Halma (LON:HLMA) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Halma plc (LON:HLMA)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,908.17 and traded as high as GBX 4,896. Halma shares last traded at GBX 4,876, with a volume of 2,171,278 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “hold” rating on shares of Halma in a research note on Monday, April 13th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 3,737.50.

Halma Stock Up 1.6%

The company has a quick ratio of 1.51, a current ratio of 2.18 and a debt-to-equity ratio of 43.44. The stock has a market cap of £18.42 billion, a price-to-earnings ratio of 53.32, a PEG ratio of 2.93 and a beta of 0.96. The business’s fifty day moving average is GBX 4,333.73 and its two-hundred day moving average is GBX 3,908.17.

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.