Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Helix Energy Solutions Group Inc (NYSE: HLX) closed the day trading at $6.47 down -0.77% from the previous closing price of $6.52. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 1.27 million shares were traded.
Ratios:
For a better understanding of HLX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.66. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 0.42 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.Raymond James initiated its Strong Buy rating on September 19, 2024, with a $14 target price.
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 Dec 30 ’24 when Neikirk Kenneth English sold 83,991 shares for $9.17 per share. The transaction valued at 770,197 led to the insider holds 104,549 shares of the business.
Neikirk Kenneth English bought 51,379 shares of HLX for $471,140 on Dec 30 ’24. On Dec 30 ’24, another insider, Neikirk Kenneth English, who serves as the Officer of the company, bought 32,612 shares for $9.17 each.
Valuation Measures:
As of this moment, Helix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.79, and their Forward P/E ratio for the next fiscal year is 10.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.63.
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 $5.66. The 50-Day Moving Average of the stock is -9.95%, while the 200-Day Moving Average is calculated to be -28.56%.
Shares Statistics:
A total of 151.53M shares are outstanding, with a floating share count of 141.45M. Insiders hold about 6.65% of the company’s shares, while institutions hold 89.27% stake in the company.
