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As of close of business last night, Helix Energy Solutions Group Inc’s stock clocked out at $10.57, down -1.49% from its previous closing price of $10.73. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 0.83 million shares were traded. HLX stock price reached its highest trading level at $10.61 during the session, while it also had its lowest trading level at $10.415.
Ratios:
To gain a deeper understanding of HLX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.61. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1631532416 and an Enterprise Value of 2011421056. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 1.445 whereas that against EBITDA is 7.118.
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 1.21%, while the 200-Day Moving Average is calculated to be -0.74%.
Shares Statistics:
It appears that HLX traded 1.97M shares on average per day over the past three months and 2716860 shares per day over the past ten days. A total of 152.29M shares are outstanding, with a floating share count of 142.93M. Insiders hold about 6.00% of the company’s shares, while institutions hold 90.81% stake in the company. Shares short for HLX as of 1727654400 were 6579431 with a Short Ratio of 3.35, compared to 1724976000 on 6145703. Therefore, it implies a Short% of Shares Outstanding of 6579431 and a Short% of Float of 5.6700002.
