A new trading day began on Monday, with Helix Energy Solutions Group Inc (NYSE: HLX) stock price up 3.04% from the previous day of trading, before settling in for the closing price of $10.21. HLX’s price has ranged from $8.82 to $13.05 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 13.66%. Meanwhile, its annual earnings per share averaged 655.14%. With a float of $142.98 million, this company’s outstanding shares have now reached $152.29 million.
Considering the fact that the conglomerate employs 2531 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing 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 90.84%. 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) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.19 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 655.14% per share during the next fiscal year.
Helix Energy Solutions Group Inc (NYSE: HLX) Trading Performance Indicators
Here are Helix Energy Solutions Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 8.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.04, a number that is poised to hit 0.09 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)
Compared to the last year’s volume of 1.83 million, its volume of 1.94 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.80%. Additionally, its Average True Range was 0.39.
During the past 100 days, Helix Energy Solutions Group Inc’s (HLX) raw stochastic average was set at 37.76%, which indicates a significant decrease from 92.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.93% in the past 14 days, which was lower than the 41.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.09, while its 200-day Moving Average is $10.65. Nevertheless, the first resistance level for the watch stands at $10.71 in the near term. At $10.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.16. If the price goes on to break the first support level at $10.26, it is likely to go to the next support level at $10.00. Now, if the price goes above the second support level, the third support stands at $9.81.
Helix Energy Solutions Group Inc (NYSE: HLX) Key Stats
With a market capitalization of 1.59 billion, the company has a total of 152,104K Shares Outstanding. Currently, annual sales are 1,290 M while annual income is -10,840 K. The company’s previous quarter sales were 342,420 K while its latest quarter income was 29,510 K.
