Helical (LON:HLCL) Shares Pass Above 200-Day Moving Average - What's Next?

Helical plc (LON:HLCL - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 190.27 ($2.53) and traded as high as GBX 225 ($2.99). Helical shares last traded at GBX 216 ($2.87), with a volume of 431,578 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 280 ($3.72) price objective on shares of Helical in a report on Tuesday, April 15th.

Helical Stock Performance

The company has a market cap of £270.01 million, a P/E ratio of 10.37, a price-to-earnings-growth ratio of 0.43 and a beta of 0.72. The company's fifty day moving average is GBX 195.13 and its 200 day moving average is GBX 190.48. The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82.

Insider Activity

In other news, insider Richard Cotton purchased 13,765 shares of the business's stock in a transaction on Friday, April 11th. The shares were acquired at an average price of GBX 183 ($2.43) per share, with a total value of £25,189.95 ($33,466.12). Also, insider Robert Fowlds acquired 25,000 shares of the stock in a transaction dated Monday, April 14th. The shares were purchased at an average cost of GBX 189 ($2.51) per share, with a total value of £47,250 ($62,774.01). Insiders own 14.18% 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.

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