Short Interest in Halma plc (OTCMKTS:HLMAF) Declines By 20.0%

Halma plc (OTCMKTS:HLMAF) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 154,900 shares, a decline of 20.0% from the March 15th total of 193,700 shares. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is currently 10.5 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HLMAF. HSBC upgraded shares of Halma to a “hold” rating in a research note on Tuesday, March 4th. Berenberg Bank raised Halma from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd. Finally, Hsbc Global Res raised shares of Halma from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Three equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Halma Stock Up 0.7 %

OTCMKTS:HLMAF traded up $0.23 during mid-day trading on Monday, hitting $34.51. 21,731 shares of the stock were exchanged, compared to its average volume of 30,372. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.85 and a current ratio of 2.72. The firm’s 50-day simple moving average is $34.38 and its 200 day simple moving average is $34.13. Halma has a fifty-two week low of $27.03 and a fifty-two week high of $38.53.

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.