Market Insight: Helix Energy Solutions Group Inc (HLX)’s Notable Drop, Closing at 6.25

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

In the latest session, Helix Energy Solutions Group Inc (NYSE: HLX) closed at $6.25 down -2.34% from its previous closing price of $6.4. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 2.39 million shares were traded. HLX stock price reached its highest trading level at $6.43 during the session, while it also had its lowest trading level at $6.135.

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 2.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.51. For the most recent quarter (mrq), Quick Ratio is recorded 2.07 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.36.

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:

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 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:

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 918662528 and an Enterprise Value of 1242172800. As of this moment, Helix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.33, and their Forward P/E ratio for the next fiscal year is 13.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 0.972 whereas that against EBITDA is 5.822.

Stock Price History:

The Beta on a monthly basis for HLX is 1.54, which has changed by -0.44395018 over the last 52 weeks, in comparison to a change of 0.16821623 over the same period for the S&P500. Over the past 52 weeks, HLX has reached a high of $12.33, while it has fallen to a 52-week low of $5.52. The 50-Day Moving Average of the stock is -4.14%, while the 200-Day Moving Average is calculated to be -22.79%.

Shares Statistics:

For the past three months, HLX has traded an average of 1.79M shares per day and 2376890 over the past ten days. A total of 146.99M shares are outstanding, with a floating share count of 137.21M. Insiders hold about 6.65% of the company’s shares, while institutions hold 91.89% stake in the company. Shares short for HLX as of 1752537600 were 4944284 with a Short Ratio of 2.76, compared to 1749772800 on 6088609. Therefore, it implies a Short% of Shares Outstanding of 4944284 and a Short% of Float of 4.18.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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