Halma (OTCMKTS:HLMAF) Upgraded by Zacks Investment Research to Hold

Halma (OTCMKTS:HLMAF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday, Zacks.com reports.

According to Zacks, “Halma PLC is a health and safety sensor technology company. It manufactures products which detect hazards and also protect assets and people at work in public and commercial buildings. Halma PLC is headquartered in Amersham, the United Kingdom. “

Separately, ValuEngine downgraded Halma from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th.

Shares of OTCMKTS HLMAF traded up $0.26 during mid-day trading on Friday, hitting $23.55. The company had a trading volume of 300 shares, compared to its average volume of 1,925. The stock has a market cap of $9.06 billion, a price-to-earnings ratio of 34.13, a PEG ratio of 3.16 and a beta of 0.75. Halma has a 12 month low of $15.80 and a 12 month high of $26.54. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.28 and a quick ratio of 1.60. The firm’s 50 day simple moving average is $24.73 and its two-hundred day simple moving average is $22.96.

Halma Company Profile

Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.

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