Halma (LON:HLMA) Share Price Passes Above Two Hundred Day Moving Average of $2,170.72

Shares of Halma plc (LON:HLMA) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Analysts Set New Price Targets

Several analysts have recently commented on HLMA shares. Shore Capital restated a “hold” rating on shares of Halma in a research report on Thursday, March 14th. Barclays upgraded shares of Halma to an “overweight” rating and raised their price objective for the company from GBX 2,425 ($30.46) to GBX 2,650 ($33.29) in a research report on Tuesday, April 9th.

Halma Stock Performance

The company has a debt-to-equity ratio of 45.76, a quick ratio of 1.51 and a current ratio of 2.68. The company has a market capitalization of £8.47 billion, a P/E ratio of 3,557.14, a P/E/G ratio of 4.38 and a beta of 0.58. The business’s fifty day simple moving average is GBX 2,272.70 and its 200-day simple moving average is GBX 2,173.20.

Halma Company Profile

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.