On Tuesday, Helix Energy Solutions Group Inc (NYSE: HLX) was -5.17% drop from the session before settling in for the closing price of $11.22. A 52-week range for HLX has been $8.82 – $13.05.
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Annual sales at Energy sector company grew by 13.66% over the past five years. When this article was written, the company’s average yearly earnings per share was at 672.62%. With a float of $142.63 million, this company’s outstanding shares have now reached $152.29 million.
Let’s look at the performance matrix of the company that is accounted for 2531 employees. In terms of profitability, gross margin is 16.16%, operating margin of 8.23%, and the pretax margin is 1.68%.
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 6.19%, while institutional ownership is 91.91%. The most recent insider transaction that took place on Jun 20 ’24, was worth 30,058. In this transaction Director of this company sold 2,864 shares at a rate of $10.49, taking the stock ownership to the 42,133 shares. Before that another transaction happened on May 23 ’24, when Company’s PRESIDENT & CEO sold 1,050 for $11.50, making the entire transaction worth $12,075. This insider now owns 7,470,279 shares in total.
Helix Energy Solutions Group Inc (HLX) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.1 earnings per share (EPS) during the time that was less than consensus figure (set at 0.22) by -0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 672.62% 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 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16. Likewise, its price to free cash flow for the trailing twelve months is 10.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.78 in one year’s time.
Technical Analysis of Helix Energy Solutions Group Inc (HLX)
Helix Energy Solutions Group Inc (NYSE: HLX) saw its 5-day average volume 1.22 million, a negative change from its year-to-date volume of 1.73 million. As of the previous 9 days, the stock’s Stochastic %D was 52.68%. Additionally, its Average True Range was 0.42.
During the past 100 days, Helix Energy Solutions Group Inc’s (HLX) raw stochastic average was set at 28.49%, which indicates a significant increase from 27.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.42% in the past 14 days, which was higher than the 39.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.43, while its 200-day Moving Average is $10.55. Nevertheless, the first resistance level for the watch stands at $10.93 in the near term. At $11.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.43. If the price goes on to break the first support level at $10.42, it is likely to go to the next support level at $10.20. The third support level lies at $9.91 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 1.62 billion. As of now, sales total 1,290 M while income totals -10,840 K. Its latest quarter income was 364,800 K while its last quarter net income were 32,290 K.
