Halma (LON:HLMA) Stock Price Passes Above Two Hundred Day Moving Average of $2,150.36

Halma plc (LON:HLMA)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,150.36 ($26.77) and traded as high as GBX 2,211 ($27.52). Halma shares last traded at GBX 2,204 ($27.44), with a volume of 427,974 shares changing hands.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Shore Capital reaffirmed a “hold” rating on shares of Halma in a research report on Thursday, March 14th. Barclays raised Halma to an “overweight” rating and boosted their price objective for the stock from GBX 2,425 ($30.19) to GBX 2,650 ($32.99) in a research report on Tuesday, April 9th.

Halma Stock Performance

The stock has a market capitalization of £8.37 billion, a P/E ratio of 3,498.41, a price-to-earnings-growth ratio of 4.46 and a beta of 0.58. The company has a 50 day simple moving average of GBX 2,281.56 and a 200-day simple moving average of GBX 2,150.36. The company has a debt-to-equity ratio of 45.76, a current ratio of 2.68 and a quick ratio of 1.51.

Halma Company Profile

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.