Halma (LON:HLMA) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Halma plc (LON:HLMA) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,497.87 ($31.48) and traded as high as GBX 2,567.78 ($32.36). Halma shares last traded at GBX 2,504 ($31.56), with a volume of 557,083 shares trading hands.

Analyst Upgrades and Downgrades

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

Halma Price Performance

The firm has a market cap of £9.44 billion, a P/E ratio of 3,526.76, a P/E/G ratio of 2.93 and a beta of 0.53. The company has a fifty day moving average of GBX 2,539.07 and a 200-day moving average of GBX 2,497.87. 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.