Halma (OTCMKTS:HLMAF) Shares Gap Up – Time to Buy?

Halma (OTCMKTS:HLMAF)’s share price gapped up prior to trading on Friday . The stock had previously closed at $47.5230, but opened at $49.3210. Halma shares last traded at $49.3910, with a volume of 628 shares traded.

Analyst Ratings Changes

Several brokerages recently issued reports on HLMAF. BNP Paribas Exane upgraded Halma to an “outperform” rating in a research report on Monday, June 15th. Citigroup reiterated a “buy” rating on shares of Halma in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Halma Price Performance

The company has a 50 day simple moving average of $56.37 and a 200 day simple moving average of $54.03.

Halma Company Profile

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.