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Helix Energy Solutions Group Inc (NYSE: HLX) closed the day trading at $8.24 down -2.37% from the previous closing price of $8.44. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 1.28 million shares were traded. HLX stock price reached its highest trading level at $8.56 during the session, while it also had its lowest trading level at $8.19.
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 3.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.94. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.43 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.
BTIG Research Upgraded its Neutral to Buy on October 26, 2022, while the target price for the stock was maintained at $10.
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:
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 1253336960 and an Enterprise Value of 1597144832. As of this moment, Helix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 217.99, and their Forward P/E ratio for the next fiscal year is 10.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.193 whereas that against EBITDA is 5.828.
Stock Price History:
The Beta on a monthly basis for HLX is 2.44, which has changed by -0.123404264 over the last 52 weeks, in comparison to a change of 0.25219524 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 $8.42. The 50-Day Moving Average of the stock is -14.57%, while the 200-Day Moving Average is calculated to be -21.92%.
Shares Statistics:
Over the past 3-months, HLX traded about 1.51M shares per day on average, while over the past 10 days, HLX traded about 1322320 shares per day. A total of 152.10M shares are outstanding, with a floating share count of 142.58M. Insiders hold about 6.26% of the company’s shares, while institutions hold 89.06% stake in the company. Shares short for HLX as of 1736899200 were 7461545 with a Short Ratio of 4.95, compared to 1734048000 on 7047558. Therefore, it implies a Short% of Shares Outstanding of 7461545 and a Short% of Float of 6.43.
