Helical (LON:HLCL) Shares Cross Above 200 Day Moving Average - Here's Why

Helical plc (LON:HLCL - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 195.28 ($2.65) and traded as high as GBX 216.50 ($2.93). Helical shares last traded at GBX 213.50 ($2.89), with a volume of 43,203 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 280 ($3.79) target price on shares of Helical in a research note on Tuesday, April 15th.

Helical Stock Performance

The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82. The company has a market cap of £268.17 million, a price-to-earnings ratio of 10.30, a P/E/G ratio of 0.43 and a beta of 0.72. The stock has a 50 day moving average price of GBX 214.23 and a two-hundred day moving average price of GBX 195.58.

Helical (LON:HLCL - Get Free Report) last issued its earnings results on Wednesday, May 21st. The company reported GBX 2.20 ($0.03) earnings per share (EPS) for the quarter. Helical had a return on equity of 5.77% and a net margin of 65.10%. Analysts predict that Helical plc will post 8.3172892 EPS for the current year.

Insider Buying and Selling at Helical

In related news, insider Robert Fowlds acquired 25,000 shares of the company's stock in a transaction that occurred on Monday, April 14th. The shares were acquired at an average cost of GBX 189 ($2.56) per share, for a total transaction of £47,250 ($64,033.07). Also, insider Richard Cotton acquired 13,765 shares of the business's stock in a transaction that occurred on Friday, April 11th. The stock was bought at an average cost of GBX 183 ($2.48) per share, for a total transaction of £25,189.95 ($34,137.35). Insiders own 14.18% of the company's stock.

About Helical

Helical is a Central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge. Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London's leading development specialists.