Halma (OTCMKTS:HLMAF) Sets New 12-Month High – Time to Buy?

Halma plc (OTCMKTS:HLMAF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $37.35 and last traded at $37.23, with a volume of 279261 shares trading hands. The stock had previously closed at $36.03.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HLMAF. Citigroup raised shares of Halma to a “hold” rating in a research report on Thursday, November 28th. Berenberg Bank raised Halma from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 22nd. Finally, Redburn Atlantic raised Halma to a “strong-buy” rating in a report on Monday, November 4th.

Halma Trading Up 3.3 %

The business has a fifty day moving average of $34.40 and a 200 day moving average of $33.62.

Halma Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, December 20th will be issued a dividend of $9.00 per share. This represents a yield of 0.82%. The ex-dividend date is Thursday, December 19th.

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.