Halma (LON:HLMA) Stock Price Crosses Above Two Hundred Day Moving Average of $2,430.66

Shares of Halma plc (LON:HLMA) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,430.66 ($32.11) and traded as high as GBX 2,661 ($35.15). Halma shares last traded at GBX 2,651 ($35.02), with a volume of 557,641 shares.

Analyst Ratings Changes

HLMA has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 2,400 ($31.70) price objective on shares of Halma in a research report on Friday, June 28th. Shore Capital reaffirmed a “hold” rating on shares of Halma in a report on Thursday, June 27th.

Halma Stock Performance

The business’s 50 day simple moving average is GBX 2,573.78 and its two-hundred day simple moving average is GBX 2,430.66. The firm has a market capitalization of £10.00 billion, a PE ratio of 3,733.80, a price-to-earnings-growth ratio of 4.38 and a beta of 0.53. The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83.

Insider Buying and Selling

In other news, insider Jennifer Ward sold 5,738 shares of the company’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of GBX 2,680 ($35.40), for a total transaction of £153,778.40 ($203,141.88). In related news, insider Marc Ronchetti sold 6,958 shares of Halma stock in a transaction on Tuesday, July 23rd. The stock was sold at an average price of GBX 2,611 ($34.49), for a total transaction of £181,673.38 ($239,991.25). Also, insider Jennifer Ward sold 5,738 shares of the business’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of GBX 2,680 ($35.40), for a total value of £153,778.40 ($203,141.88). 2.20% of the stock is currently owned by corporate insiders.

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 Medical.