Halma (OTCMKTS:HLMAF) Cut to “Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of Halma (OTCMKTS:HLMAF) from a hold rating to a sell rating in a research report report published on Friday, Zacks.com reports.

According to Zacks, “Halma PLC is a health and safety sensor technology company. It manufactures products which detect hazards and also protect assets and people at work in public and commercial buildings. Halma PLC is headquartered in Amersham, the United Kingdom. “

Separately, Jefferies Financial Group initiated coverage on shares of Middleby in a research note on Wednesday, April 3rd. They issued a hold rating and a $135.00 target price on the stock.

HLMAF stock opened at $25.23 on Friday. Halma has a 52 week low of $15.80 and a 52 week high of $26.54. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.28 and a quick ratio of 1.60. The company’s fifty day simple moving average is $24.97.

About Halma

Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems for warehousing and hazardous industrial processes; gas detection instruments; pressure management products; interlocking systems for safeguarding dangerous machines; pipeline corrosion monitoring products and systems; and process safety systems.

See Also: Return on Investment (ROI)

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