Halma (OTCMKTS:HLMAF) Shares Gap Up – Still a Buy?

Halma (OTCMKTS:HLMAFGet Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $47.7060, but opened at $50.94. Halma shares last traded at $50.94, with a volume of 263 shares.

Analysts Set New Price Targets

HLMAF has been the topic of several research analyst reports. Citigroup reiterated a “buy” rating on shares of Halma in a research report on Thursday, June 18th. BNP Paribas Exane upgraded Halma to an “outperform” rating in a report on Monday, June 15th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on HLMAF

Halma Stock Up 1.1%

The business has a fifty day moving average price of $49.32 and a two-hundred day moving average price of $53.98.

Halma Company Profile

(Get Free Report)

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.

Further Reading

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