Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $10.69 in the prior trading day, Helix Energy Solutions Group Inc (NYSE: HLX) closed at $10.85, up 1.50%. In other words, the price has increased by $1.50 from its previous closing price. On the day, 1.53 million shares were traded. HLX stock price reached its highest trading level at $10.965 during the session, while it also had its lowest trading level at $10.59.
Ratios:
Our goal is to gain a better understanding of HLX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.05. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.38.
On September 19, 2024, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $14.
BTIG Research Upgraded its Neutral to Buy on October 26, 2022, while the target price for the stock was maintained at $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 03 ’24 when KRATZ OWEN E sold 298,419 shares for $11.92 per share. The transaction valued at 3,558,199 led to the insider holds 7,171,860 shares of the business.
KRATZ OWEN E bought 298,419 shares of HLX for $3,558,204 on Oct 03 ’24. On Jun 20 ’24, another insider, Glassman Diana, who serves as the Director of the company, sold 2,864 shares for $10.49 each. As a result, the insider received 30,058 and left with 42,133 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HLX now has a Market Capitalization of 1650328448 and an Enterprise Value of 1994135040. As of this moment, Helix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 287.04, and their Forward P/E ratio for the next fiscal year is 13.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 1.49 whereas that against EBITDA is 7.277.
Stock Price History:
Over the past 52 weeks, HLX has reached a high of $13.05, while it has fallen to a 52-week low of $8.82. The 50-Day Moving Average of the stock is 5.18%, while the 200-Day Moving Average is calculated to be 1.06%.
Shares Statistics:
The stock has traded on average 1.98M shares per day over the past 3-months and 1304870 shares per day over the last 10 days, according to various share statistics. A total of 152.10M shares are outstanding, with a floating share count of 142.98M. Insiders hold about 6.00% of the company’s shares, while institutions hold 88.96% stake in the company. Shares short for HLX as of 1731628800 were 7016056 with a Short Ratio of 3.54, compared to 1728950400 on 5678773. Therefore, it implies a Short% of Shares Outstanding of 7016056 and a Short% of Float of 6.0500003.
