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

Shares of Halma (OTCMKTS:HLMAF) gapped up prior to trading on Wednesday . The stock had previously closed at $47.7060, but opened at $50.94. Halma shares last traded at $50.94, with a volume of 263 shares traded.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HLMAF. Citigroup reissued a “buy” rating on shares of Halma in a research report on Thursday, June 18th. BNP Paribas Exane raised shares of Halma to an “outperform” rating in a research note on Monday, June 15th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Halma Stock Performance

The company has a 50 day moving average of $49.40 and a two-hundred day moving average of $53.95.

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.