Halma (LON:HLMA) Shares Pass Above Two Hundred Day Moving Average of $2,159.99

Halma plc (LON:HLMA) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,159.99 ($26.68) and traded as high as GBX 2,248 ($27.77). Halma shares last traded at GBX 2,216 ($27.37), with a volume of 443,441 shares trading hands.

Wall Street Analyst Weigh In

HLMA has been the subject of a number of analyst reports. Shore Capital reissued a “hold” rating on shares of Halma in a research report on Thursday, March 14th. Barclays upgraded Halma to an “overweight” rating and lifted their target price for the stock from GBX 2,425 ($29.95) to GBX 2,650 ($32.73) in a research note on Tuesday, April 9th.

Halma Stock Down 1.4 %

The company has a market capitalization of £8.29 billion, a P/E ratio of 3,517.46, a PEG ratio of 4.46 and a beta of 0.58. The company has a debt-to-equity ratio of 45.76, a quick ratio of 1.51 and a current ratio of 2.68. The stock has a 50 day moving average price of GBX 2,282.62 and a 200 day moving average price of GBX 2,159.99.

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.