Halma (OTCMKTS:HLMAF) Share Price Passes Below Fifty Day Moving Average of $26.08

Halma plc (OTCMKTS:HLMAF – Get Rating)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $26.08 and traded as low as $24.95. Halma shares last traded at $24.95, with a volume of 1,954 shares traded.

Analysts Set New Price Targets

HLMAF has been the subject of several recent research reports. UBS Group lowered shares of Halma from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 29th. JPMorgan Chase & Co. boosted their target price on shares of Halma from GBX 2,175 ($26.15) to GBX 2,190 ($26.33) in a research note on Thursday, December 8th. Finally, Barclays boosted their target price on shares of Halma from GBX 2,100 ($25.25) to GBX 2,350 ($28.26) in a research note on Wednesday, November 23rd.

Halma Price Performance

The company has a current ratio of 2.29, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average price is $26.08 and its 200-day moving average price is $25.40.

About Halma

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Halma Plc is a holding company which engages in the development, production and sale of hazard and life protection products. It operates through the following segments: Process Safety, Infrastructure Safety, Medical, and Environmental and Analysis. The Process Safety segment offers products to protect people and assets at work such as interlocks that control critical processes safely; instruments that detect flammable and hazardous gases; explosion protection and pressure relief systems, and corrosion monitoring products.