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The price of Helix Energy Solutions Group Inc (NYSE: HLX) closed at $10.65 in the last session, down -7.47% from day before closing price of $11.51. In other words, the price has decreased by -$7.47 from its previous closing price. On the day, 1.25 million shares were traded. HLX stock price reached its highest trading level at $11.6 during the session, while it also had its lowest trading level at $10.555.
Ratios:
We take a closer look at HLX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.43.
On July 27, 2022, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $6 to $8.
Piper Sandler Upgraded its Neutral to Overweight on February 01, 2022, whereas the target price for the stock was revised from $4.50 to $5.60.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 23 ’24 when KRATZ OWEN E sold 1,050 shares for $11.50 per share. The transaction valued at 12,075 led to the insider holds 7,470,279 shares of the business.
KRATZ OWEN E sold 7,521 shares of HLX for $86,795 on May 22 ’24. The PRESIDENT & CEO now owns 7,471,329 shares after completing the transaction at $11.54 per share. On May 21 ’24, another insider, KRATZ OWEN E, who serves as the PRESIDENT & CEO of the company, sold 164,796 shares for $11.77 each. As a result, the insider received 1,940,423 and left with 7,478,850 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 1623624320 and an Enterprise Value of 1987182464. 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 1.11. Its current Enterprise Value per Revenue stands at 1.488 whereas that against EBITDA is 7.748.
Stock Price History:
Over the past 52 weeks, HLX has reached a high of $12.14, while it has fallen to a 52-week low of $6.25. The 50-Day Moving Average of the stock is -5.29%, while the 200-Day Moving Average is calculated to be 3.77%.
Shares Statistics:
According to the various share statistics, HLX traded on average about 1.51M shares per day over the past 3-months and 1233990 shares per day over the past 10 days. A total of 152.29M shares are outstanding, with a floating share count of 143.03M. Insiders hold about 6.18% of the company’s shares, while institutions hold 88.71% stake in the company. Shares short for HLX as of 1715731200 were 3495263 with a Short Ratio of 2.32, compared to 1713139200 on 3651014. Therefore, it implies a Short% of Shares Outstanding of 3495263 and a Short% of Float of 3.0.
