Helix Energy Solutions Group Inc (HLX) average volume reaches $1.91M: Is Wall Street expecting a rally?

Helix Energy Solutions Group Inc (NYSE: HLX) on Friday, soared 0.11% from the previous trading day, before settling in for the closing price of $9.02. Within the past 52 weeks, HLX’s price has moved between $8.91 and $13.05.

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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%. The company achieved an average annual earnings per share of 655.02%. With a float of $143.10 million, this company’s outstanding shares have now reached $152.10 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) 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 5.92%, while institutional ownership is 88.99%. The most recent insider transaction that took place on Dec 10 ’24, was worth 1,678,155. In this transaction EVP & COO of this company sold 170,000 shares at a rate of $9.87, taking the stock ownership to the 112,634 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Director sold 16,000 for $9.94, making the entire transaction worth $159,056. This insider now owns 26,133 shares in total.

Helix Energy Solutions Group Inc (HLX) Earnings and Forecasts

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 655.02% 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 1.03. Likewise, its price to free cash flow for the trailing twelve months is 7.62.

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 1.8 million, its volume of 2.73 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.67%. Additionally, its Average True Range was 0.38.

During the past 100 days, Helix Energy Solutions Group Inc’s (HLX) raw stochastic average was set at 6.25%, which indicates a significant decrease from 10.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.99% in the past 14 days, which was lower than the 40.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.04, while its 200-day Moving Average is $10.74. Nevertheless, the first resistance level for the watch stands at $9.20 in the near term. At $9.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.56. If the price goes on to break the first support level at $8.84, it is likely to go to the next support level at $8.64. Should the price break the second support level, the third support level stands at $8.48.

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

Market capitalization of the company is 1.38 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.