Halma (OTCMKTS:HLMAF) Reaches New 1-Year High – Should You Buy?

Halma plc (OTCMKTS:HLMAF) reached a new 52-week high during trading on Monday . The stock traded as high as $43.35 and last traded at $43.35, with a volume of 8056 shares trading hands. The stock had previously closed at $41.70.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HLMAF shares. Hsbc Global Res upgraded Halma from a “moderate sell” rating to a “hold” rating in a report on Tuesday, March 4th. Jefferies Financial Group restated an “underperform” rating on shares of Halma in a research note on Thursday. Finally, HSBC upgraded Halma to a “hold” rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Halma Stock Up 4.0%

The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.85 and a current ratio of 2.72. The stock has a 50-day moving average of $37.71 and a 200-day moving average of $35.87.

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.