Halma (OTCMKTS:HLMAF) Shares Gap Down – Here’s What Happened

Halma (OTCMKTS:HLMAF) gapped down before the market opened on Wednesday . The stock had previously closed at $48.67, but opened at $47.15. Halma shares last traded at $47.15, with a volume of 727 shares changing hands.

Analyst Ratings Changes

Several brokerages have recently commented on HLMAF. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Halma in a research note on Monday, December 1st. Zacks Research lowered Halma from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. UBS Group restated a “buy” rating on shares of Halma in a report on Thursday, September 25th. Finally, Barclays reiterated an “overweight” rating on shares of Halma in a report on Friday, September 26th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Halma presently has an average rating of “Moderate Buy”.

Halma Price Performance

The company has a quick ratio of 1.78, a current ratio of 2.44 and a debt-to-equity ratio of 0.37. The firm has a 50 day moving average price of $46.76 and a 200 day moving average price of $44.59.

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.