Halma (OTCMKTS:HLMAF) Shares Gap Down – What’s Next?

Halma (OTCMKTS:HLMAF) gapped down before the market opened on Thursday . The stock had previously closed at $50.6197, but opened at $47.74. Halma shares last traded at $47.74, with a volume of 4,148 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Citigroup reiterated a “buy” rating on shares of Halma in a research report on Thursday, June 18th. Jefferies Financial Group upgraded shares of Halma from an “underperform” rating to a “hold” rating in a research report on Thursday. Finally, BNP Paribas Exane upgraded shares of Halma to an “outperform” rating in a report on Monday, June 15th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Halma Price Performance

The company’s 50 day simple moving average is $48.68 and its 200-day simple moving average is $53.71.

About Halma

Halma plc is a United Kingdom-based group that develops and manufactures products and technologies designed to protect and improve the safety, health and environmental performance of businesses and communities. Its companies serve customers in sectors including industrial manufacturing, infrastructure, healthcare, construction and building management.

The group’s products and services include fire and gas detection systems, industrial safety equipment, elevator and door safety controls, emergency communication devices, medical and healthcare technologies, and instruments used to monitor water and air quality.