Halma (LON:HLMA) Share Price Passes Above 200 Day Moving Average - Here's Why

Halma plc (LON:HLMA - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,470.43 ($32.08) and traded as high as GBX 2,506 ($32.54). Halma shares last traded at GBX 2,500 ($32.46), with a volume of 484,929 shares trading hands.

Wall Street Analyst Weigh In

Several analysts recently issued reports on HLMA shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 2,400 ($31.16) target price on shares of Halma in a research note on Friday, June 28th. Shore Capital reiterated a "hold" rating on shares of Halma in a research report on Thursday, September 26th.

Halma Trading Down 1.1 %

The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51. The stock's 50 day moving average is GBX 2,551.60 and its 200-day moving average is GBX 2,470.43. The company has a market capitalization of £9.33 billion, a P/E ratio of 3,483.10, a P/E/G ratio of 2.93 and a beta of 0.53.

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 Healthcare.