Helios Underwriting (LON:HUW) Sets New 1-Year High – Here’s Why

Helios Underwriting plc (LON:HUW) shares reached a new 52-week high during mid-day trading on Monday. The company traded as high as GBX 260 and last traded at GBX 258.49, with a volume of 105,540 shares trading hands. The stock had previously closed at GBX 254.65.

Helios Underwriting Price Performance

The business has a 50 day simple moving average of GBX 231.39 and a 200 day simple moving average of GBX 219.56. The stock has a market cap of £179.67 million, a PE ratio of 6.97 and a beta of 0.02.

Helios Underwriting (LON:HUW) last issued its earnings results on Tuesday, September 29th. The company reported GBX 16.05 earnings per share for the quarter. Helios Underwriting had a return on equity of 14.88% and a net margin of 240.94%. As a group, sell-side analysts forecast that Helios Underwriting plc will post 36.89 earnings per share for the current fiscal year.

Insider Activity at Helios Underwriting

In other news, insider John Chambers acquired 150,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 29th. The shares were purchased at an average price of GBX 238 per share, for a total transaction of £357,000. Insiders own 33.92% of the company’s stock.

Helios Underwriting Company Profile

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates. Its portfolio provides property insurance and reinsurance products. The company was formerly known as Hampden Underwriting Plc and changed its name to Helios Underwriting Plc in January 2014.