Halma (OTCMKTS:HLMAF) Downgraded by Hsbc Global Res to Moderate Sell

Hsbc Global Res downgraded shares of Halma (OTCMKTS:HLMAF) from a hold rating to a moderate sell rating in a report published on Thursday morning,Zacks.com reports.

HLMAF has been the subject of several other reports. Berenberg Bank raised Halma from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd. Redburn Atlantic raised Halma to a “strong-buy” rating in a research report on Monday, November 4th. Finally, Citigroup upgraded shares of Halma to a “hold” rating in a research note on Thursday, November 28th.

Halma Stock Performance

Halma stock opened at $34.94 on Thursday. The firm has a 50 day simple moving average of $34.94 and a 200-day simple moving average of $33.77. Halma has a 1-year low of $26.82 and a 1-year high of $38.53. 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 Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, December 20th were paid a $9.00 dividend. This represents a dividend yield of 0.82%. The ex-dividend date was Thursday, December 19th.

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.