Halma (LON:HLMA) Shares Pass Above Two Hundred Day Moving Average of $2,159.99

Shares of Halma plc (LON:HLMA) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,159.99 ($26.68) and traded as high as GBX 2,248 ($27.77). Halma shares last traded at GBX 2,216 ($27.37), with a volume of 443,441 shares.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Barclays upgraded Halma to an “overweight” rating and lifted their target price for the stock from GBX 2,425 ($29.95) to GBX 2,650 ($32.73) in a report on Tuesday, April 9th. Shore Capital reissued a “hold” rating on shares of Halma in a research note on Thursday, March 14th.

Halma Stock Performance

The company has a market cap of £8.29 billion, a PE ratio of 3,517.46, a PEG ratio of 4.46 and a beta of 0.58. The company has a quick ratio of 1.51, a current ratio of 2.68 and a debt-to-equity ratio of 45.76. The company has a 50-day moving average of GBX 2,282.62 and a 200-day moving average of GBX 2,159.99.

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.