Short Interest in Halma plc (OTCMKTS:HLMAF) Declines By 26.6%

Halma plc (OTCMKTS:HLMAF) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 266,800 shares, a decline of 26.6% from the February 13th total of 363,300 shares. Based on an average daily trading volume, of 20,200 shares, the days-to-cover ratio is currently 13.2 days. Currently, 0.1% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HLMAF shares. HSBC upgraded shares of Halma to a “hold” rating in a research report on Tuesday, March 4th. Citigroup upgraded shares of Halma to a “hold” rating in a research report on Thursday, November 28th. Berenberg Bank upgraded shares of Halma from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 22nd. Finally, Hsbc Global Res upgraded shares of Halma from a “moderate sell” rating to a “hold” rating in a research report on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Halma Trading Up 3.0 %

Shares of HLMAF stock traded up $1.02 on Friday, hitting $35.62. 8,880 shares of the stock traded hands, compared to its average volume of 40,943. Halma has a 52 week low of $27.03 and a 52 week high of $38.53. The firm has a 50 day simple moving average of $35.46 and a two-hundred day simple moving average of $34.29. The company has a quick ratio of 1.85, a current ratio of 2.72 and a debt-to-equity ratio of 0.42.

Halma Announces Dividend

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

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.