Halma (OTCMKTS:HLMAF) Shares Down 5.2% – Here’s What Happened

Shares of Halma (OTCMKTS:HLMAF) dropped 5.2% during trading on Friday . The company traded as low as $46.76 and last traded at $46.76. Approximately 1,520 shares were traded during trading, a decline of 88% from the average daily volume of 13,151 shares. The stock had previously closed at $49.35.

Analyst Ratings Changes

Several equities analysts have recently weighed in on HLMAF shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Halma in a research report on Monday, December 1st. Barclays reissued an “overweight” rating on shares of Halma in a report on Friday, September 26th. Finally, UBS Group restated a “buy” rating on shares of Halma in a research report on Thursday, September 25th. Three equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Halma Stock Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 2.44. The business’s 50-day moving average is $46.96 and its 200 day moving average is $45.27.

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.