Halma (LON:HLMA) Hits New 1-Year High – Still a Buy?

Halma plc (LON:HLMAGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 4,714 and last traded at GBX 4,692, with a volume of 7066733 shares trading hands. The stock had previously closed at GBX 4,606.

Analyst Ratings Changes

Separately, Shore Capital Group restated a “hold” rating on shares of Halma in a report on Monday, April 13th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Halma has an average rating of “Moderate Buy” and a consensus price target of GBX 3,737.50.

Check Out Our Latest Research Report on HLMA

Halma Price Performance

The company has a debt-to-equity ratio of 43.44, a quick ratio of 1.51 and a current ratio of 2.18. The firm has a market cap of £17.67 billion, a price-to-earnings ratio of 51.15, a price-to-earnings-growth ratio of 2.93 and a beta of 0.96. The company’s fifty day moving average is GBX 4,249.89 and its two-hundred day moving average is GBX 3,869.99.

Halma Company Profile

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Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 9,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.

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