Helix Energy Solutions Group (NYSE:HLX) Trading 1.4% Higher - Should You Buy?

Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX - Get Free Report) traded up 1.4% on Monday . The company traded as high as $6.70 and last traded at $6.60. 154,661 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 1,779,395 shares. The stock had previously closed at $6.51.

Helix Energy Solutions Group Trading Up 4.8 %

The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 170.89 and a beta of 1.91. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19. The company has a fifty day moving average of $7.81 and a two-hundred day moving average of $9.02.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The oil and gas company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.04. Helix Energy Solutions Group had a net margin of 0.54% and a return on equity of 4.39%. The business had revenue of $355.13 million during the quarter, compared to analysts' expectations of $311.66 million. On average, research analysts expect that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current year.

Institutional Trading of Helix Energy Solutions Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. acquired a new stake in shares of Helix Energy Solutions Group in the fourth quarter worth $34,000. Smartleaf Asset Management LLC increased its holdings in shares of Helix Energy Solutions Group by 143.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,930 shares of the oil and gas company's stock worth $45,000 after purchasing an additional 2,902 shares during the period. Quarry LP raised its position in shares of Helix Energy Solutions Group by 79.8% during the fourth quarter. Quarry LP now owns 4,776 shares of the oil and gas company's stock valued at $45,000 after buying an additional 2,120 shares during the last quarter. KBC Group NV lifted its stake in shares of Helix Energy Solutions Group by 61.8% in the fourth quarter. KBC Group NV now owns 9,136 shares of the oil and gas company's stock valued at $85,000 after buying an additional 3,491 shares during the period. Finally, Vontobel Holding Ltd. acquired a new stake in Helix Energy Solutions Group during the fourth quarter worth about $93,000. Institutional investors and hedge funds own 91.33% of the company's stock.

About Helix Energy Solutions Group

Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.