Halma plc (LON:HLMA - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,556.60 ($32.27) and traded as high as GBX 2,771 ($34.97). Halma shares last traded at GBX 2,733 ($34.49), with a volume of 297,237 shares changing hands.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on HLMA shares. Berenberg Bank increased their target price on shares of Halma from GBX 2,450 ($30.92) to GBX 2,700 ($34.08) and gave the stock a "hold" rating in a report on Thursday, December 5th. Shore Capital reaffirmed a "hold" rating on shares of Halma in a research note on Thursday, November 21st. Finally, JPMorgan Chase & Co. raised Halma to a "neutral" rating and set a GBX 2,600 ($32.82) target price for the company in a research note on Friday, December 6th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Halma has a consensus rating of "Hold" and a consensus target price of GBX 2,587.50 ($32.66).
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Halma Price Performance
The company's fifty day moving average price is GBX 2,585.36 and its two-hundred day moving average price is GBX 2,556.60. The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83. The company has a market cap of £10.31 billion, a price-to-earnings ratio of 3,849.30, a PEG ratio of 2.93 and a beta of 0.53.
Halma Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, December 19th will be paid a GBX 9 ($0.11) dividend. This represents a yield of 0.36%. The ex-dividend date of this dividend is Thursday, December 19th. Halma's payout ratio is presently 3,098.59%.
Insiders Place Their Bets
In other news, insider Jennifer Ward sold 50,000 shares of Halma stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of GBX 2,648 ($33.42), for a total value of £1,324,000 ($1,671,084.19). Corporate insiders own 2.20% of the company's stock.
Halma Company Profile
(
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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 Healthcare.
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