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

Key Points

• Helical plc shares have surpassed their 200-day moving average, trading at GBX 220 ($2.95) with a peak of GBX 222 ($2.98).
• The company reported a net margin of 65.10% and a price-to-earnings ratio of 10.37, reflecting strong financial performance.
• Insider Richard Cotton purchased 1,033 shares at an average price of GBX 224, indicating confidence in the company's stock value.

Helical plc (LON:HLCL - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 211.11 ($2.85) and traded as high as GBX 222 ($3.00). Helical shares last traded at GBX 220 ($2.97), with a volume of 25,018 shares traded.

Helical Price Performance

The company has a quick ratio of 2.59, a current ratio of 3.44 and a debt-to-equity ratio of 57.82. The firm has a market cap of £270.01 million, a P/E ratio of 10.37, a PEG ratio of 0.43 and a beta of 0.72. The business has a fifty day moving average of GBX 225.57 and a 200 day moving average of GBX 212.16.

Insider Buying and Selling

In other Helical news, insider Richard Cotton purchased 1,033 shares of Helical stock in a transaction that occurred on Thursday, August 7th. The stock was acquired at an average price of GBX 224 per share, for a total transaction of £2,313.92. 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.