Helical (LON:HLCL) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

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)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 reissued a "buy" rating and issued a GBX 280 ($3.77) price target on shares of Helical in a report on Tuesday, April 15th.

Helical Stock Performance

The business's fifty day simple moving average is GBX 224.71 and its 200-day simple moving average is GBX 208.71. The firm has a market cap of £279.83 million, a P/E ratio of 10.75, a price-to-earnings-growth ratio of 0.43 and a beta of 0.72. The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82.

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

Insider Buying and Selling at Helical

In related news, insider Richard Cotton bought 1,033 shares of the business's stock in a transaction dated Thursday, August 7th. The shares were purchased at an average price of GBX 224 ($3.01) per share, with a total value of £2,313.92 ($3,112.20). Insiders own 14.18% of the company's stock.

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.