Halma (OTCMKTS:HLMAF) Sees Large Volume Increase – Should You Buy?

Shares of Halma (OTCMKTS:HLMAF) saw an uptick in trading volume on Monday . 6,690 shares were traded during trading, an increase of 144% from the previous session’s volume of 2,747 shares.The stock last traded at $50.19 and had previously closed at $50.19.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Halma in a report on Monday, December 1st. Zacks Research raised shares of Halma from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Three investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Halma Stock Up 0.7%

The company has a quick ratio of 1.53, a current ratio of 2.18 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average of $47.92 and a 200 day moving average of $46.10.

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.