Halma (OTCMKTS:HLMAF) Sets New 52-Week High – Should You Buy?

Halma plc (OTCMKTS:HLMAF)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $36.41 and last traded at $36.03, with a volume of 22434 shares. The stock had previously closed at $34.74.

Analysts Set New Price Targets

A number of research analysts recently issued reports on HLMAF shares. Berenberg Bank upgraded shares of Halma from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Redburn Atlantic upgraded shares of Halma to a “strong-buy” rating in a report on Monday, November 4th. Finally, Citigroup upgraded shares of Halma to a “hold” rating in a report on Thursday, November 28th.

Halma Price Performance

The business has a 50 day moving average price of $34.21 and a 200-day moving average price of $33.60.

Halma Announces Dividend

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 dividend yield of 0.82%. The ex-dividend date of this dividend is 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.