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Are we looking at the next big move in Helix Energy Solutions Group Inc (HLX)?

Helix Energy Solutions Group Inc (NYSE: HLX) is 8.07% higher on its value in year-to-date trading and has touched a low of $6.18 and a high of $12.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HLX stock was last observed hovering at around $11.60 in the last trading session, with the day’s loss setting it -0.49%.

Currently trading at $11.11, the stock is 0.57% and 9.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.94 million and changing -4.22% at the moment leaves the stock 13.12% off its SMA200. HLX registered 42.80% gain for a year compared to 6-month loss of 2.97%.

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The stock witnessed a 13.60% gain in the last 1 month and extending the period to 3 months gives it a 17.94%, and is -5.85% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.37% over the week and 2.82% over the month.

Helix Energy Solutions Group Inc (HLX) has around 2531 employees, a market worth around $1.69B and $1.29B in sales. Fwd P/E is 12.72. Profit margin for the company is -0.84%. Distance from 52-week low is 79.63% and -8.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.56%).

The EPS is expected to grow by 838.08% this year.

Helix Energy Solutions Group Inc (HLX) Top Institutional Holders

The shares outstanding are 152.29M, and float is at 142.67M with Short Float at 2.88%.

Helix Energy Solutions Group Inc (HLX) Insider Activity

The most recent transaction is an insider sale by Glassman Diana,the company’sDirector. SEC filings show that Glassman Diana sold 6,800 shares of the company’s common stock on Sep 28 ’23 at a price of $11.41 per share for a total of $77588.0. Following the sale, the insider now owns 27990.0 shares.

Helix Energy Solutions Group Inc disclosed in a document filed with the SEC on Aug 18 ’23 that Sparks Scott Andrew (EVP and COO) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Aug 18 ’23 and was made at $9.53 per share for $95300.0. Following the transaction, the insider now directly holds 0.16 million shares of the HLX stock.

Still, SEC filings show that on Aug 11 ’23, LOVOI JOHN (Director) disposed off 15,000 shares at an average price of $9.69 for $0.15 million. The insider now directly holds 340,249 shares of Helix Energy Solutions Group Inc (HLX).

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