Halma (LON:HLMA) Stock Passes Above 200 Day Moving Average of $2,170.72

Shares of Halma plc (LON:HLMA) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,170.72 ($27.27) and traded as high as GBX 2,230 ($28.01). Halma shares last traded at GBX 2,217 ($27.85), with a volume of 410,199 shares changing hands.

Analyst Ratings Changes

Several research firms have recently weighed in on HLMA. Shore Capital reiterated a “hold” rating on shares of Halma in a research note on Thursday, March 14th. Barclays raised shares of Halma to an “overweight” rating and lifted their price target for the company from GBX 2,425 ($30.46) to GBX 2,650 ($33.29) in a research note on Tuesday, April 9th.

Halma Trading Up 1.1 %

The stock’s 50 day simple moving average is GBX 2,272.70 and its two-hundred day simple moving average is GBX 2,173.20. The stock has a market capitalization of £8.47 billion, a PE ratio of 3,557.14, a PEG ratio of 4.38 and a beta of 0.58. The company has a debt-to-equity ratio of 45.76, a current ratio of 2.68 and a quick ratio of 1.51.

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.