Halma (OTCMKTS:HLMAF) Stock Rating Lowered by Zacks Research

Halma (OTCMKTS:HLMAF) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a research report on Monday, December 1st. Two research 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 given a Sell rating to the company. Based on data from MarketBeat.com, Halma currently has a consensus rating of “Moderate Buy”.

Halma Trading Down 3.6%

Shares of Halma stock traded down $1.78 on Tuesday, hitting $47.24. 1,931 shares of the company traded hands, compared to its average volume of 3,049. Halma has a 52 week low of $29.83 and a 52 week high of $50.84. The business has a 50-day simple moving average of $48.45 and a 200 day simple moving average of $46.40. The company has a current ratio of 2.18, a quick ratio of 1.53 and a debt-to-equity ratio of 0.34.

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.