Zacks Investment Research Downgrades HALMA (OTCMKTS:HLMAF) to Hold

HALMA (OTCMKTS:HLMAF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, January 17th.

According to Zacks, “Halma PLC is a health and safety sensor technology company. It manufactures products which detect hazards and also protect assets and people at work in public and commercial buildings. Halma PLC is headquartered in Amersham, the United Kingdom. “

Shares of HALMA (HLMAF) traded down $0.18 during midday trading on Wednesday, reaching $16.47. 19,953 shares of the company traded hands, compared to its average volume of 6,302. HALMA has a 1-year low of $11.78 and a 1-year high of $18.56.

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Halma plc provides process and infrastructure safety, medical, and environmental and analysis products worldwide. Its Process Safety segment offers safety systems to control hazardous industrial processes and access to dangerous machines; gas detection instruments; pressure management products; key interlocks and interlocking systems; pipeline corrosion monitoring products and systems; and process safety systems.

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