Helix Energy Solutions Group Inc (NYSE: HLX) on Friday, soared 0.96% from the previous trading day, before settling in for the closing price of $11.40. Within the past 52 weeks, HLX’s price has moved between $6.18 and $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. The company achieved an average annual earnings per share of 707.02%. With a float of $143.03 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
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Helix Energy Solutions Group Inc is 6.18%, while institutional ownership is 88.71%. The most recent insider transaction that took place on May 23 ’24, was worth 12,075. In this transaction PRESIDENT & CEO of this company sold 1,050 shares at a rate of $11.50, taking the stock ownership to the 7,470,279 shares. Before that another transaction happened on May 22 ’24, when Company’s PRESIDENT & CEO sold 7,521 for $11.54, making the entire transaction worth $86,795. This insider now owns 7,471,329 shares in total.
Helix Energy Solutions Group Inc (HLX) Latest Financial update
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.05 earnings per share (EPS) for the period topping the consensus outlook (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
Helix Energy Solutions Group Inc (HLX) is currently performing well based on its current performance indicators. A quick ratio of 1.68 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.31. Likewise, its price to free cash flow for the trailing twelve months is 8.86.
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 1.18 million. That was inferior than the volume of 1.65 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.71%. Additionally, its Average True Range was 0.30.
During the past 100 days, Helix Energy Solutions Group Inc’s (HLX) raw stochastic average was set at 80.50%, which indicates a significant increase from 47.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.71% in the past 14 days, which was lower than the 35.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.24, while its 200-day Moving Average is $10.26. However, in the short run, Helix Energy Solutions Group Inc’s stock first resistance to watch stands at $11.59. Second resistance stands at $11.66. The third major resistance level sits at $11.78. If the price goes on to break the first support level at $11.40, it is likely to go to the next support level at $11.28. The third support level lies at $11.21 if the price breaches the second support level.
Helix Energy Solutions Group Inc (NYSE: HLX) Key Stats
Market capitalization of the company is 1.75 billion based on 152,453K outstanding shares. Right now, sales total 1,290 M and income totals -10,840 K. The company made 296,210 K in profit during its latest quarter, and -26,290 K in sales during its previous quarter.
