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Helios Underwriting (LON:HUW) Stock Crosses Below 200-Day Moving Average - Time to Sell?

Helios Underwriting logo with Financial Services background
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Key Points

  • Technical signal: Helios Underwriting's stock has crossed below its 200-day moving average
  • Insider activity: Director Nigel Hanbury sold 39,500 shares at an average of GBX 205 (≈£80,975) on April 9, while corporate insiders collectively own 32.47% of the company.
  • Valuation and size: the company has a market cap of £153.81 million, a P/E of 9.47 and a low beta of 0.14, with a 50-day SMA at GBX 206.84, indicating relatively low volatility and a modestly priced earnings multiple.
  • Five stocks to consider instead of Helios Underwriting.

Helios Underwriting plc (LON:HUW - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 210.14 and traded as low as GBX 210. Helios Underwriting shares last traded at GBX 210.25, with a volume of 53,541 shares changing hands.

Helios Underwriting Stock Performance

The stock has a market cap of £153.81 million, a P/E ratio of 9.47 and a beta of 0.14. The firm's fifty day simple moving average is GBX 206.84 and its 200-day simple moving average is GBX 210.14.

Insiders Place Their Bets

In related news, insider Nigel Hanbury sold 39,500 shares of the business's stock in a transaction on Thursday, April 9th. The shares were sold at an average price of GBX 205, for a total value of £80,975. 32.47% of the stock is owned by corporate insiders.

About Helios Underwriting

(Get Free Report)

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. Its portfolio provides property insurance and reinsurance products. The company was formerly known as Hampden Underwriting Plc and changed its name to Helios Underwriting Plc in January 2014.

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