Halma (OTCMKTS:HLMAF) Sets New 1-Year High – Still a Buy?

Halma plc (OTCMKTS:HLMAF) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $41.53 and last traded at $41.52, with a volume of 2900 shares changing hands. The stock had previously closed at $40.68.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. HSBC upgraded Halma to a “hold” rating in a report on Tuesday, March 4th. Hsbc Global Res upgraded Halma from a “moderate sell” rating to a “hold” rating in a report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Halma Price Performance

The company has a current ratio of 2.72, a quick ratio of 1.85 and a debt-to-equity ratio of 0.42. The stock has a 50-day simple moving average of $37.23 and a two-hundred day simple moving average of $35.74.

About Halma

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.