-6.75% percent quarterly performance for Helix Energy Solutions Group Inc (HLX) is not indicative of the underlying story

Helix Energy Solutions Group Inc (NYSE: HLX) on Tuesday, soared 1.84% from the previous trading day, before settling in for the closing price of $9.22. Within the past 52 weeks, HLX’s price has moved between $8.82 and $13.05.

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Energy Sector giant saw their annual sales surged by 13.66% over the last five years. The company achieved an average annual earnings per share of 652.13%. With a float of $142.98 million, this company’s outstanding shares have now reached $152.29 million.

The firm has a total of 2531 workers. Let’s measure their productivity. In terms of profitability, gross margin is 15.69%, operating margin of 9.19%, and the pretax margin is 2.87%.

Helix Energy Solutions Group Inc (HLX) Insider Activity

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 6.00%, while institutional ownership is 90.81%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 652.13% 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 2.15 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 1.07. Likewise, its price to free cash flow for the trailing twelve months is 7.91.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.04, a number that is poised to hit 0.08 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)

Analysing the last 5-days average volume posted by the [Helix Energy Solutions Group Inc, HLX], we can find that recorded value of 1.72 million was lower than the volume posted last year of 1.83 million. As of the previous 9 days, the stock’s Stochastic %D was 37.36%. Additionally, its Average True Range was 0.35.

During the past 100 days, Helix Energy Solutions Group Inc’s (HLX) raw stochastic average was set at 9.96%, which indicates a significant decrease from 26.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.67% in the past 14 days, which was lower than the 39.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.17, while its 200-day Moving Average is $10.65. Now, the first resistance to watch is $9.47. This is followed by the second major resistance level at $9.55. The third major resistance level sits at $9.72. If the price goes on to break the first support level at $9.23, it is likely to go to the next support level at $9.06. Should the price break the second support level, the third support level stands at $8.98.

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

Market capitalization of the company is 1.43 billion based on 152,104K outstanding shares. Right now, sales total 1,290 M and income totals -10,840 K. The company made 342,420 K in profit during its latest quarter, and 29,510 K in sales during its previous quarter.