Helical (LON:HLCL) Stock Price Crosses Above 200-Day Moving Average - Here's What Happened

Key Points

• Helical plc shares have surpassed their 200-day moving average during recent trading, reaching a high of GBX 216 ($2.93).
• The company has a market cap of £254.18 million and a notably high P/E ratio of 916.30, indicating potential concerns about valuation.
• Insider Richard Cotton recently purchased 1,033 shares at an average price of GBX 224 per share, suggesting confidence from management in the stock's future performance.

Helical plc (LON:HLCL - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 213.95 ($2.90) and traded as high as GBX 216 ($2.93). Helical shares last traded at GBX 215 ($2.92), with a volume of 19,622 shares traded.

Helical Price Performance

The stock has a market cap of £254.79 million, a PE ratio of 918.50, a P/E/G ratio of 0.43 and a beta of 0.72. The company has a debt-to-equity ratio of 57.82, a current ratio of 3.44 and a quick ratio of 2.59. The firm's 50 day moving average price is GBX 221.09 and its two-hundred day moving average price is GBX 214.58.

Insider Buying and Selling at Helical

In other Helical news, insider Richard Cotton bought 1,033 shares of Helical stock in a transaction dated Thursday, August 7th. The stock was purchased at an average price of GBX 224 per share, for a total transaction of £2,313.92. 16.47% of the stock is owned by insiders.

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.