Halma plc (OTCMKTS:HLMAF) Short Interest Update

Halma plc (OTCMKTS:HLMAF - Get Free Report) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 154,900 shares, a decline of 20.0% from the March 15th total of 193,700 shares. Based on an average trading volume of 14,800 shares, the days-to-cover ratio is currently 10.5 days. Currently, 0.0% of the company's stock are short sold.

Analysts Set New Price Targets

A number of analysts have commented on the company. Berenberg Bank raised Halma from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 22nd. Hsbc Global Res raised Halma from a "moderate sell" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, HSBC upgraded shares of Halma to a "hold" rating in a research note on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Halma presently has an average rating of "Moderate Buy".

Halma Trading Up 2.3 %

Shares of HLMAF stock traded up $0.80 during mid-day trading on Thursday, reaching $35.56. The stock had a trading volume of 3,113 shares, compared to its average volume of 29,612. The stock's 50-day moving average price is $34.27 and its two-hundred day moving average price is $34.15. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.72 and a quick ratio of 1.85. Halma has a 52-week low of $27.03 and a 52-week high of $38.53.

About Halma

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.