Helix Energy Solutions Group Inc (HLX) volume exceeds 2.58 million: A new investment opportunity for investors

Helix Energy Solutions Group Inc (NYSE: HLX) kicked off on Friday, up 1.36% from the previous trading day, before settling in for the closing price of $11.02. Over the past 52 weeks, HLX has traded in a range of $8.82-$13.05.

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Annual sales at Energy sector company grew by 13.66% over the past five years. While this was happening, its average annual earnings per share was recorded 645.59%. 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.

Helix Energy Solutions Group Inc (HLX) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Helix Energy Solutions Group Inc is 6.19%, while institutional ownership is 90.89%. The most recent insider transaction that took place on Oct 03 ’24, was worth 3,558,199. In this transaction PRESIDENT & CEO of this company sold 298,419 shares at a rate of $11.92, taking the stock ownership to the 7,171,860 shares. Before that another transaction happened on Oct 03 ’24, when Company’s Officer proposed sale 298,419 for $11.92, making the entire transaction worth $3,558,204.

Helix Energy Solutions Group Inc (HLX) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 645.59% per share during the next fiscal year.

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

Take a look at Helix Energy Solutions Group Inc’s (HLX) current performance indicators. Last quarter, stock had a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22. Likewise, its price to free cash flow for the trailing twelve months is 11.21.

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 3.91 million, a positive change from its year-to-date volume of 1.83 million. As of the previous 9 days, the stock’s Stochastic %D was 63.14%. Additionally, its Average True Range was 0.49.

During the past 100 days, Helix Energy Solutions Group Inc’s (HLX) raw stochastic average was set at 53.41%, which indicates a significant decrease from 55.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.63% in the past 14 days, which was lower than the 41.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.55, while its 200-day Moving Average is $10.65. Nevertheless, the first resistance level for the watch stands at $11.31 in the near term. At $11.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.63. If the price goes on to break the first support level at $10.99, it is likely to go to the next support level at $10.82. Assuming the price breaks the second support level, the third support level stands at $10.67.

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

The company with the Market Capitalisation of 1.70 billion has total of 152,453K Shares Outstanding. Its annual sales at the moment are 1,290 M in contrast with the sum of -10,840 K annual income. Company’s last quarter sales were recorded 364,800 K and last quarter income was 32,290 K.