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

Key Points

• Helical plc's share price recently surpassed its two hundred day moving average of GBX 212.55, with the stock trading as high as GBX 218.
• Despite the positive movement, Helical's shares are currently trading down 0.8% with a market cap of £261.16 million and a price-to-earnings ratio of 941.44.
• Insider Richard Cotton purchased 1,033 shares at an average price of GBX 224, indicating confidence in the company's prospects as 16.44% of the stock is owned by insiders.

Helical plc (LON:HLCL - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 212.55 ($2.85) and traded as high as GBX 218 ($2.92). Helical shares last traded at GBX 213.71 ($2.86), with a volume of 68,149 shares.

Helical Trading Up 1.5%

The business has a fifty day moving average of GBX 224 and a 200-day moving average of GBX 213.04. The stock has a market capitalization of £254.18 million, a price-to-earnings 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 current ratio of 3.44 and a quick ratio of 2.59.

Insider Transactions at Helical

In other news, insider Richard Cotton bought 1,033 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were purchased at an average cost of GBX 224 per share, with a total value of £2,313.92. 16.44% of the stock is currently owned by insiders.

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.