Halma (OTCMKTS:HLMAF) Cut to “Hold” at Zacks Research

Zacks Research cut shares of Halma (OTCMKTS:HLMAF) from a strong-buy rating to a hold rating in a report released on Tuesday morning,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a research report on Monday, December 1st. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Halma Stock Down 3.6%

Shares of OTCMKTS:HLMAF opened at $47.24 on Tuesday. The company has a current ratio of 2.18, a quick ratio of 1.53 and a debt-to-equity ratio of 0.34. Halma has a 52-week low of $29.83 and a 52-week high of $50.84. The firm has a fifty day moving average of $48.43 and a 200 day moving average of $46.40.

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.