Halma (OTCMKTS:HLMAF) Stock Crosses Below 50 Day Moving Average – Here’s Why

Shares of Halma plc (OTCMKTS:HLMAF) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $33.88 and traded as low as $33.85. Halma shares last traded at $34.35, with a volume of 71,224 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Citigroup raised shares of Halma to a “hold” rating in a research report on Thursday, November 28th. Redburn Atlantic raised Halma to a “strong-buy” rating in a research note on Monday, November 4th.

Halma Stock Performance

The company’s fifty day moving average is $33.88 and its 200-day moving average is $33.57.

Halma Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, December 20th will be paid a $9.00 dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a dividend 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.