Halma plc (LON:HLMA - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,571.36 ($32.23) and traded as high as GBX 2,733 ($34.26). Halma shares last traded at GBX 2,720 ($34.10), with a volume of 297,280 shares changing hands.
Analyst Ratings Changes
Several brokerages recently issued reports on HLMA. Berenberg Bank lifted their price target on shares of Halma from GBX 2,450 ($30.71) to GBX 2,700 ($33.85) and gave the company a "hold" rating in a report on Thursday, December 5th. Shore Capital reiterated 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 ($32.59) target price for the company in a report on Friday, December 6th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of GBX 2,587.50 ($32.44).
Read Our Latest Stock Report on HLMA
Halma Trading Up 0.4 %
The company has a market cap of £10.30 billion, a P/E ratio of 3,845.07, a PEG ratio of 2.93 and a beta of 0.53. The firm's 50 day moving average is GBX 2,609.56 and its two-hundred day moving average is GBX 2,574.24. The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83.
Halma Cuts Dividend
The business also recently disclosed 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 dividend yield of 0.36%. The ex-dividend date is Thursday, December 19th. Halma's dividend payout ratio is currently 3,098.59%.
Insider Buying and Selling at Halma
In other Halma news, insider Jennifer Ward sold 50,000 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of GBX 2,648 ($33.20), for a total transaction of £1,324,000 ($1,659,771.84). Insiders own 2.20% of the company's stock.
About Halma
(
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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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