Helical (LON:HLCL) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

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 crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 213.95 ($2.91) 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 business has a 50-day simple moving average of GBX 221.45 and a 200 day simple moving average of GBX 214.04. The firm has a market cap of £254.18 million, a P/E ratio of 916.30, a price-to-earnings-growth ratio of 0.43 and a beta of 0.72. The company has a debt-to-equity ratio of 57.82, a quick ratio of 2.59 and a current ratio of 3.44.

Insiders Place Their Bets

In related news, insider Richard Cotton purchased 1,033 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was bought at an average cost of GBX 224 per share, for a total transaction of £2,313.92. Corporate insiders own 16.47% of the company's stock.

Helical Company Profile

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.