Halma (OTCMKTS:HLMAF) Hits New 52-Week High – Still a Buy?

Shares of Halma plc (OTCMKTS:HLMAF) hit a new 52-week high during mid-day trading on Wednesday . The company 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 firms have recently weighed in on HLMAF. Citigroup raised Halma to a “hold” rating in a research note on Thursday, November 28th. Redburn Atlantic raised shares of Halma to a “strong-buy” rating in a report on Monday, November 4th.

Halma Trading Up 3.7 %

The stock has a 50 day moving average of $33.92 and a 200-day moving average of $33.55.

Halma Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, December 20th will be paid 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.

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.