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

Helical plc (LON:HLCL - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 197.67 ($2.71) and traded as high as GBX 236.50 ($3.25). Helical shares last traded at GBX 236 ($3.24), with a volume of 472,564 shares changing hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 280 ($3.84) price target on shares of Helical in a research report on Tuesday, April 15th.

Helical Stock Performance

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 business has a 50 day moving average price of GBX 224.23 and a 200 day moving average price of GBX 198.46. The stock has a market capitalization of £284.13 million, a PE ratio of 10.91, a PEG ratio of 0.43 and a beta of 0.72.

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

Insider Buying and Selling

In other Helical news, insider Richard Cotton bought 13,765 shares of the firm's stock in a transaction on Friday, April 11th. The stock was acquired at an average price of GBX 183 ($2.51) per share, with a total value of £25,189.95 ($34,568.34). Also, insider Robert Fowlds purchased 25,000 shares of the company's stock in a transaction dated Monday, April 14th. The shares were bought at an average cost of GBX 189 ($2.59) per share, for a total transaction of £47,250 ($64,841.50). 14.18% of the stock is owned by company insiders.

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.