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

Halma (OTCMKTS:HLMAF) shares gapped up prior to trading on Monday . The stock had previously closed at $47.24, but opened at $49.67. Halma shares last traded at $49.78, with a volume of 574 shares changing hands.

Wall Street Analyst Weigh In

HLMAF has been the subject of a number of research reports. Zacks Research cut shares of Halma from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Halma in a research report on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Halma Trading Up 4.1%

The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.53 and a current ratio of 2.18. The stock’s fifty day simple moving average is $48.45 and its 200-day simple moving average is $46.47.

Halma Company Profile

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.