Helios Underwriting (LON:HUW) Share Price Passes Above Fifty Day Moving Average - Here's Why

Helios Underwriting plc (LON:HUW - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 214.18 ($2.89) and traded as high as GBX 218.68 ($2.96). Helios Underwriting shares last traded at GBX 216.75 ($2.93), with a volume of 31,245 shares changing hands.

Helios Underwriting Price Performance

The company has a debt-to-equity ratio of 42.35, a current ratio of 0.70 and a quick ratio of 0.81. The company has a market capitalization of £162.69 million, a PE ratio of 9.50 and a beta of 0.14. The firm has a 50-day moving average of GBX 214.79 and a 200 day moving average of GBX 219.41.

Insider Activity at Helios Underwriting

In other news, insider John Chambers bought 40,000 shares of Helios Underwriting stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average cost of GBX 208 ($2.81) per share, with a total value of £83,200 ($112,432.43). Also, insider Nigel Hanbury sold 41,400 shares of the stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of GBX 193 ($2.61), for a total transaction of £79,902 ($107,975.68). 57.30% of the stock is owned by corporate insiders.

Helios Underwriting Company Profile

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates.