Helical (LON:HLCL) Share Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• Helical plc's stock price has recently crossed above its 200-day moving average, reaching GBX 225 ($2.99) during trading.
• Deutsche Bank reiterated a "buy" rating for Helical shares, setting a price objective of GBX 280 ($3.72).
• The company reported a net margin of 65.10% and earnings per share (EPS) of GBX 2.20 ($0.03) for its last quarterly earnings.

Helical plc (LON:HLCL - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 207.63 ($2.79) and traded as high as GBX 225 ($3.03). Helical shares last traded at GBX 225 ($3.03), with a volume of 291,802 shares traded.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 280 ($3.77) target price on shares of Helical in a report on Tuesday, April 15th.

Helical Stock Down 0.7%

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 firm has a market capitalization of £277.38 million, a price-to-earnings ratio of 10.65, a PEG ratio of 0.43 and a beta of 0.72. The stock has a fifty day moving average of GBX 224.60 and a 200-day moving average of GBX 208.07.

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

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.