Helix Energy Solutions Group Inc (NYSE: HLX) is 5.93% 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 $10.49 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $10.89, the stock is 10.18% and 7.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 3.81% at the moment leaves the stock 1.90% off its SMA200. HLX registered 16.10% gain for a year compared to 6-month loss of -4.56%. The firm has a 50-day simple moving average (SMA 50) of $10.1666 and a 200-day simple moving average (SMA200) of $10.68665.
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The stock witnessed a 12.15% gain in the last 1 month and extending the period to 3 months gives it a 4.01%, and is 3.62% up 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 4.01% over the week and 3.67% over the month.
Helix Energy Solutions Group Inc (HLX) has around 2531 employees, a market worth around $1.66B and $1.34B in sales. Current P/E ratio is 288.10 and Fwd P/E is 13.84. Profit margin for the company is 0.53%. Distance from 52-week low is 23.47% and -16.55% from its 52-week high. The company has generated returns on investments over the last 12 months (0.33%).
The EPS is expected to grow by 656.19% this year
330.0 institutions hold shares in Helix Energy Solutions Group Inc (HLX), with institutional investors hold 95.99% of the company’s shares. The shares outstanding are 152.29M, and float is at 142.98M with Short Float at 4.62%. Institutions hold 90.23% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 23.29 million shares valued at $278.1 million. The investor’s holdings represent 15.2861 of the HLX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.68 million shares valued at $163.39 million to account for 8.981 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 11.02 million shares representing 7.2317 and valued at over $131.56 million, while PACER ADVISORS, INC. holds 4.4997 of the shares totaling 6.86 million with a market value of $81.86 million.
Helix Energy Solutions Group Inc (HLX) Insider Activity
The most recent transaction is an insider sale by KRATZ OWEN E, the company’s PRESIDENT & CEO. SEC filings show that KRATZ OWEN E sold 298,419 shares of the company’s common stock on Oct 03 ’24 at a price of $11.92 per share for a total of $3.56 million. Following the sale, the insider now owns 7.17 million shares.
Still, SEC filings show that on Jun 20 ’24, Glassman Diana (Director) disposed off 2,864 shares at an average price of $10.49 for $30058.0. The insider now directly holds 42,133 shares of Helix Energy Solutions Group Inc (HLX).
