Helios Underwriting (LON:HUW) Sets New 52-Week High – Here’s What Happened

Shares of Helios Underwriting plc (LON:HUW) hit a new 52-week high on Friday. The stock traded as high as GBX 260 and last traded at GBX 260, with a volume of 25,481 shares. The stock had previously closed at GBX 250.

Helios Underwriting Stock Performance

The company’s fifty day moving average price is GBX 237.46 and its two-hundred day moving average price is GBX 223.07. The firm has a market capitalization of £180.72 million, a PE ratio of 7.02 and a beta of 0.02.

Helios Underwriting (LON:HUW) last released its earnings results on Tuesday, September 29th. The company reported GBX 16.05 earnings per share (EPS) for the quarter. Helios Underwriting had a net margin of 240.94% and a return on equity of 14.88%. On average, equities analysts expect that Helios Underwriting plc will post 36.89 earnings per share for the current year.

Insider Activity at Helios Underwriting

In other news, insider John Chambers bought 150,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The shares were acquired at an average cost of GBX 238 per share, with a total value of £357,000. 33.92% of the stock is currently owned by insiders.

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.