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In the latest session, Helix Energy Solutions Group Inc (NYSE: HLX) closed at $10.65 down -4.66% from its previous closing price of $11.17. In other words, the price has decreased by -$4.66 from its previous closing price. On the day, 2.91 million shares were traded. HLX stock price reached its highest trading level at $11.15 during the session, while it also had its lowest trading level at $10.58.
Ratios:
For a deeper understanding of Helix Energy Solutions Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.69. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.41.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on September 19, 2024, initiated with a Strong Buy rating and assigned the stock a target price of $14.
On October 26, 2022, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $10.
Evercore ISI Upgraded its In-line to Outperform on July 27, 2022, whereas the target price for the stock was revised from $6 to $8.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1619364352 and an Enterprise Value of 2023585280. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 1.454 whereas that against EBITDA is 7.161.
Stock Price History:
The Beta on a monthly basis for HLX is 2.42, which has changed by 0.008522749 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. 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 0.97%, while the 200-Day Moving Average is calculated to be 0.03%.
Shares Statistics:
For the past three months, HLX has traded an average of 1.90M shares per day and 3451410 over the past ten days. A total of 152.29M shares are outstanding, with a floating share count of 142.63M. Insiders hold about 6.20% of the company’s shares, while institutions hold 90.89% stake in the company. Shares short for HLX as of 1726185600 were 6387897 with a Short Ratio of 3.36, compared to 1723680000 on 5955329. Therefore, it implies a Short% of Shares Outstanding of 6387897 and a Short% of Float of 5.510000000000001.
