Halma (OTCMKTS:HLMAF) Stock Rating Lowered by Zacks Research

Halma (OTCMKTS:HLMAF) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Halma in a research note on Monday, December 1st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Halma presently has a consensus rating of “Moderate Buy”.

Halma Trading Up 2.6%

Shares of OTCMKTS:HLMAF opened at $49.02 on Tuesday. Halma has a one year low of $29.83 and a one year high of $50.84. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.18 and a quick ratio of 1.53. The firm has a 50 day simple moving average of $48.45 and a 200 day simple moving average of $46.40.

About Halma

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.