Halma (LON:HLMA) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of Halma plc (LON:HLMA) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,485.59 ($32.36) and traded as high as GBX 2,651.82 ($34.52). Halma shares last traded at GBX 2,588 ($33.69), with a volume of 673,649 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “hold” rating on shares of Halma in a report on Thursday, September 26th.

Halma Trading Up 0.5 %

The stock’s 50 day simple moving average is GBX 2,542.49 and its two-hundred day simple moving average is GBX 2,485.59. The stock has a market capitalization of £9.81 billion, a PE ratio of 3,645.07, a PEG ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51.

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.