Helix Energy Solutions Group Inc (NYSE: HLX) kicked off on Friday, down -2.59% from the previous trading day, before settling in for the closing price of $10.44. Over the past 52 weeks, HLX has traded in a range of $8.82-$13.05.
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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. While this was happening, its average annual earnings per share was recorded 635.91%. With a float of $142.93 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. 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
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 6.00%, while institutional ownership is 90.79%. 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) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.1 earnings per share (EPS), lower than consensus estimate (set at 0.22) by -0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 635.91% 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 1.11. Likewise, its price to free cash flow for the trailing twelve months is 10.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.79 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 1.49 million. That was inferior than the volume of 1.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.53%. Additionally, its Average True Range was 0.41.
During the past 100 days, Helix Energy Solutions Group Inc’s (HLX) raw stochastic average was set at 28.62%, which indicates a significant increase from 5.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.76% in the past 14 days, which was lower than the 42.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.45, while its 200-day Moving Average is $10.65. However, in the short run, Helix Energy Solutions Group Inc’s stock first resistance to watch stands at $10.35. Second resistance stands at $10.52. The third major resistance level sits at $10.62. If the price goes on to break the first support level at $10.08, it is likely to go to the next support level at $9.98. The third support level lies at $9.81 if the price breaches the second support level.
Helix Energy Solutions Group Inc (NYSE: HLX) Key Stats
The company with the Market Capitalisation of 1.55 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.
