Helix Energy Solutions Group Inc (NYSE: HLX) is 14.79% higher on its value in year-to-date trading and has touched a low of $8.82 and a high of $13.05 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 $11.43 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $11.80, the stock is -3.66% and 2.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.99 million and changing 3.24% at the moment leaves the stock 12.61% off its SMA200. HLX registered 22.92% gain for a year compared to 6-month gain of 20.90%.
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The stock witnessed a -1.50% loss in the last 1 month and extending the period to 3 months gives it a 9.87%, and is -5.83% 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 6.47% over the week and 4.09% over the month.
Helix Energy Solutions Group Inc (HLX) has around 2531 employees, a market worth around $1.79B and $1.39B in sales. Fwd P/E is 14.01. Profit margin for the company is -0.49%. Distance from 52-week low is 33.79% and -9.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.32%).
The EPS is expected to grow by 680.85% this year
The shares outstanding are 152.29M, and float is at 142.66M with Short Float at 3.72%.
Helix Energy Solutions Group Inc (HLX) Insider Activity
The most recent transaction is an insider sale by Glassman Diana, the company’s Director. SEC filings show that Glassman Diana sold 2,864 shares of the company’s common stock on Jun 20 ’24 at a price of $10.49 per share for a total of $30058.0. Following the sale, the insider now owns 42133.0 shares.
Helix Energy Solutions Group Inc disclosed in a document filed with the SEC on May 23 ’24 that KRATZ OWEN E (PRESIDENT & CEO) sold a total of 1,050 shares of the company’s common stock. The trade occurred on May 23 ’24 and was made at $11.50 per share for $12075.0. Following the transaction, the insider now directly holds 7.47 million shares of the HLX stock.
Still, SEC filings show that on May 22 ’24, KRATZ OWEN E (PRESIDENT & CEO) disposed off 7,521 shares at an average price of $11.54 for $86795.0. The insider now directly holds 7,471,329 shares of Helix Energy Solutions Group Inc (HLX).
