In yesterday’s Wall Street session, Helix Energy Solutions Group Inc (NYSE:HLX) shares traded at $10.59, up 0.19% from the previous session.
HLX stock price is now -4.43% away from the 50-day moving average and 2.64% away from the 200-day moving average. The market capitalization of the company currently stands at $1.61B.
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With the price target maintained at $10, BTIG Research recently Upgraded its rating from Neutral to Buy for Helix Energy Solutions Group Inc (NYSE: HLX). On July 27, 2022, Evercore ISI Upgraded its previous ‘In-line’ rating to ‘Outperform’ on the stock increasing its target price from $6 to quote $8, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, Glassman Diana, Director sold 2,864 shares of the company’s stock on Jun 20 ’24. The stock was sold for $30,058 at an average price of $10.49. Upon completion of the transaction, the Director now directly owns 42,133 shares in the company, valued at $0.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 23 ’24, PRESIDENT & CEO KRATZ OWEN E sold 1,050 shares of the business’s stock. A total of $12,075 was realized by selling the stock at an average price of $11.50. This leaves the insider owning 7,470,279 shares of the company worth $79.11 million. A total of 6.18% of the company’s stock is owned by insiders.
During the past 12 months, Helix Energy Solutions Group Inc has had a low of $6.67 and a high of $12.14. As of last week, the company has a debt-to-equity ratio of 0.47, a current ratio of 1.68, and a quick ratio of 1.68. The fifty day moving average price for HLX is $11.0548 and a two-hundred day moving average price translates $10.31695 for the stock.
The latest earnings results from Helix Energy Solutions Group Inc (NYSE: HLX) was released for 2024-03-31. The net profit margin was -2.40% and return on equity was -2.15% for HLX. The company reported revenue of $296.21 million for the quarter, compared to $250.08 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.44 percent.
