Last month’s performance of 8.58% for Helix Energy Solutions Group Inc (HLX) is certainly impressive

On Tuesday, Helix Energy Solutions Group Inc (NYSE: HLX) was -0.17% down from the session before settling in for the closing price of $11.79. A 52-week range for HLX has been $6.18 – $12.14.

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A company in the Energy sector has jumped its sales by 13.66% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 707.02%. With a float of $142.72 million, this company’s outstanding shares have now reached $152.29 million.

In an organization with 2531 employees, it is important to assess its efficiency.

Helix Energy Solutions Group Inc (HLX) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Helix Energy Solutions Group Inc stocks. The insider ownership of Helix Energy Solutions Group Inc is 6.39%, while institutional ownership is 88.71%. The most recent insider transaction that took place on May 07 ’24, was worth 137,239. In this transaction EVP & COO of this company sold 12,000 shares at a rate of $11.44, taking the stock ownership to the 282,634 shares. Before that another transaction happened on Sep 28 ’23, when Company’s Director sold 6,800 for $11.41, making the entire transaction worth $77,588. This insider now owns 27,990 shares in total.

Helix Energy Solutions Group Inc (HLX) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 0.05 earnings per share (EPS) during the time that was better than consensus figure (set at 0.03) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 707.02% per share during the next fiscal year.

Helix Energy Solutions Group Inc (NYSE: HLX) Trading Performance Indicators

You can see what Helix Energy Solutions Group Inc (HLX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34. Likewise, its price to free cash flow for the trailing twelve months is 9.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.84 in one year’s time.

Technical Analysis of Helix Energy Solutions Group Inc (HLX)

Let’s dig in a bit further. During the last 5-days, its volume was 1.12 million. That was inferior than the volume of 1.68 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 80.66%. Additionally, its Average True Range was 0.31.

During the past 100 days, Helix Energy Solutions Group Inc’s (HLX) raw stochastic average was set at 88.54%, which indicates a significant increase from 87.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.05% in the past 14 days, which was lower than the 35.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.05, while its 200-day Moving Average is $10.20. However, in the short run, Helix Energy Solutions Group Inc’s stock first resistance to watch stands at $11.85. Second resistance stands at $11.93. The third major resistance level sits at $12.03. If the price goes on to break the first support level at $11.67, it is likely to go to the next support level at $11.57. The third support level lies at $11.49 if the price breaches the second support level.

Helix Energy Solutions Group Inc (NYSE: HLX) Key Stats

There are 152,453K outstanding shares of the company, which has a market capitalization of 1.79 billion. As of now, sales total 1,290 M while income totals -10,840 K. Its latest quarter income was 296,210 K while its last quarter net income were -26,290 K.