Helios Underwriting (LON:HUW) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Helios Underwriting plc (LON:HUW)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 208.81 and traded as high as GBX 214. Helios Underwriting shares last traded at GBX 214, with a volume of 40,253 shares traded.

Helios Underwriting Stock Performance

The business’s 50 day simple moving average is GBX 208.81 and its two-hundred day simple moving average is GBX 211.77. The company has a current ratio of 0.70, a quick ratio of 0.81 and a debt-to-equity ratio of 42.35. The firm has a market capitalization of £150.23 million, a P/E ratio of 9.25 and a beta of 0.14.

Insiders Place Their Bets

In other news, insider Nigel Hanbury bought 92,900 shares of the stock in a transaction on Wednesday, November 12th. The stock was acquired at an average cost of £210.04 per share, for a total transaction of £19,512,716. 32.47% of the stock is currently owned by company insiders.

About Helios Underwriting

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.