Halma (OTCMKTS:HLMAF) Shares Gap Up – Should You Buy?

Halma (OTCMKTS:HLMAF) gapped up before the market opened on Friday . The stock had previously closed at $47.48, but opened at $49.44. Halma shares last traded at $49.44, with a volume of 636 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HLMAF. UBS Group reissued a “buy” rating on shares of Halma in a research note on Thursday, September 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a report on Monday. Barclays restated an “overweight” rating on shares of Halma in a report on Friday, September 26th. Finally, Zacks Research lowered shares of Halma from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Three investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Halma Trading Up 1.8%

The company has a current ratio of 2.44, a quick ratio of 1.78 and a debt-to-equity ratio of 0.37. The stock’s 50-day moving average is $46.57 and its 200 day moving average is $44.33.

About Halma

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.