Helical (LON:HLCL) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Helical plc (LON:HLCL)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 190.63 and traded as high as GBX 203. Helical shares last traded at GBX 202, with a volume of 713,131 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HLCL shares. Berenberg Bank reissued a “hold” rating and set a GBX 216 price objective on shares of Helical in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 270 target price on shares of Helical in a research note on Monday, June 8th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 243.

Helical Stock Performance

The stock has a market cap of £245.86 million, a price-to-earnings ratio of 42.03, a PEG ratio of 0.43 and a beta of 0.92. The stock’s fifty day moving average is GBX 191.94 and its 200-day moving average is GBX 190.71. The company has a quick ratio of 2.59, a current ratio of 137.30 and a debt-to-equity ratio of 41.20.

Helical (LON:HLCL) last issued its earnings results on Friday, May 22nd. The company reported GBX 4.60 EPS for the quarter. The firm had revenue of GBX 3,325 million during the quarter. Helical had a net margin of 17.04% and a return on equity of 1.34%. On average, analysts forecast that Helical plc will post 8.3172892 EPS for the current year.

About Helical

Helical is a central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge.

Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London’s leading development specialists.