Halma plc (LON:HLMA - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 27.40 ($0.34) and last traded at GBX 2,721.50 ($33.95), with a volume of 4998674 shares trading hands. The stock had previously closed at GBX 2,745 ($34.24).
Analyst Ratings Changes
HLMA has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised shares of Halma to a "neutral" rating and set a GBX 2,600 ($32.44) price objective on the stock in a research note on Friday, December 6th. Shore Capital reaffirmed a "hold" rating on shares of Halma in a research report on Thursday, November 21st. Finally, Berenberg Bank boosted their price objective on Halma from GBX 2,450 ($30.56) to GBX 2,700 ($33.68) and gave the stock a "hold" rating in a report on Thursday, December 5th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 2,587.50 ($32.28).
Check Out Our Latest Research Report on HLMA
Halma Price Performance
The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45. The stock has a market cap of £10.16 billion, a PE ratio of 3,794.37, a P/E/G ratio of 2.93 and a beta of 0.53. The business has a 50 day moving average price of GBX 2,653.46 and a two-hundred day moving average price of GBX 2,604.70.
Halma Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, December 19th will be given a dividend of GBX 9 ($0.11) per share. This represents a dividend yield of 0.36%. The ex-dividend date is Thursday, December 19th. Halma's dividend payout ratio is presently 3,098.59%.
Insider Activity at Halma
In related news, insider Jennifer Ward sold 50,000 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of GBX 2,648 ($33.03), for a total transaction of £1,324,000 ($1,651,696.61). 2.20% of the stock is owned by company insiders.
Halma Company Profile
(
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Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:
- Safety - Protecting people's safety and the environment as populations grow, and enhancing worker safety.
- Environment - Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
- Health - Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.
Halma employs over 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.
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