Helix Energy Solutions Group (NYSE:HLX) Sets New 12-Month High at $11.93

Helix Energy Solutions Group, Inc. (NYSE:HLX - Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $11.93 and last traded at $11.77, with a volume of 101179 shares trading hands. The stock had previously closed at $11.76.

Helix Energy Solutions Group Stock Up 0.3 %

The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of -168.57 and a beta of 2.50. The firm has a fifty day moving average price of $10.00 and a 200 day moving average price of $9.98. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.56 and a current ratio of 1.56.

Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last announced its quarterly earnings data on Monday, February 26th. The oil and gas company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.29). The business had revenue of $335.16 million during the quarter, compared to analysts' expectations of $326.59 million. Helix Energy Solutions Group had a negative net margin of 0.84% and a positive return on equity of 3.40%. During the same period in the prior year, the firm earned $0.09 EPS. As a group, sell-side analysts expect that Helix Energy Solutions Group, Inc. will post 0.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Helix Energy Solutions Group

Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in Helix Energy Solutions Group by 157.0% during the first quarter. JPMorgan Chase & Co. now owns 1,173,934 shares of the oil and gas company's stock worth $5,611,000 after buying an additional 717,074 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Helix Energy Solutions Group by 6.3% during the 1st quarter. Bank of New York Mellon Corp now owns 6,810,612 shares of the oil and gas company's stock worth $32,555,000 after buying an additional 401,949 shares in the last quarter. Private Advisor Group LLC bought a new position in Helix Energy Solutions Group in the 1st quarter valued at about $76,000. Citigroup Inc. raised its holdings in Helix Energy Solutions Group by 11.9% in the 1st quarter. Citigroup Inc. now owns 123,076 shares of the oil and gas company's stock valued at $588,000 after acquiring an additional 13,099 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of Helix Energy Solutions Group by 39.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 23,276 shares of the oil and gas company's stock worth $110,000 after purchasing an additional 6,527 shares in the last quarter. 91.33% of the stock is currently owned by institutional investors and hedge funds.

Helix Energy Solutions Group Company Profile

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.