Helios Underwriting (LON:HUW) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Helios Underwriting plc (LON:HUW)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 210.86 and traded as low as GBX 205.20. Helios Underwriting shares last traded at GBX 205.20, with a volume of 1,451 shares changing hands.

Helios Underwriting Stock Down 0.4%

The company has a quick ratio of 0.81, a current ratio of 0.70 and a debt-to-equity ratio of 42.35. The stock has a 50-day simple moving average of GBX 210.86 and a 200-day simple moving average of GBX 214.08. The firm has a market capitalization of £146.80 million, a PE ratio of 9.04 and a beta of 0.14.

Insider Buying and Selling at Helios Underwriting

In related news, insider Tom Libassi sold 525,478 shares of Helios Underwriting stock in a transaction on Monday, November 3rd. The shares were sold at an average price of GBX 238, for a total value of £1,250,637.64. Also, insider Nigel Hanbury sold 762,228 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of GBX 238, for a total transaction of £1,814,102.64. Over the last ninety days, insiders sold 1,905,023 shares of company stock worth $443,895,474. 32.47% of the stock is owned by insiders.

Helios Underwriting Company Profile

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates. Its portfolio provides property insurance and reinsurance products. The company was formerly known as Hampden Underwriting Plc and changed its name to Helios Underwriting Plc in January 2014.