Helical (LON:HLCL) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Helical plc (LON:HLCL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 192.24 ($2.57) and traded as high as GBX 238 ($3.18). Helical shares last traded at GBX 232.43 ($3.10), with a volume of 120,096 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 280 ($3.74) price target on shares of Helical in a research report on Tuesday, April 15th.

Helical Trading Down 2.1%

The firm’s 50-day moving average is GBX 205.46 and its 200-day moving average is GBX 192.24. The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82. The firm has a market cap of £285.27 million, a price-to-earnings ratio of 10.95, a P/E/G ratio of 0.43 and a beta of 0.72.

Insider Activity at Helical

In other news, insider Richard Cotton acquired 13,765 shares of the business’s stock in a transaction on Friday, April 11th. The shares were purchased at an average cost of GBX 183 ($2.44) per share, with a total value of £25,189.95 ($33,644.92). Also, insider Robert Fowlds acquired 25,000 shares of the business’s stock in a transaction on Monday, April 14th. The shares were purchased at an average cost of GBX 189 ($2.52) per share, for a total transaction of £47,250 ($63,109.39). 14.18% of the stock is currently owned by insiders.

Helical Company Profile

Helical is a Central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge.

Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London’s leading development specialists.