The stock of Helix Energy Solutions Group Inc (HLX) has seen a 1.19% increase in the past week, with a -11.83% drop in the past month, and a -6.75% decrease in the past quarter. The volatility ratio for the week is 2.60%, and the volatility levels for the past 30 days are at 3.19% for HLX. The simple moving average for the last 20 days is -4.45% for HLX stock, with a simple moving average of -11.81% for the last 200 days.
Is It Worth Investing in Helix Energy Solutions Group Inc (NYSE: HLX) Right Now?
Helix Energy Solutions Group Inc (NYSE: HLX) has a price-to-earnings ratio of 248.41x that is above its average ratio. Additionally, the 36-month beta value for HLX is 2.45. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for HLX is 142.98M and currently, short sellers hold a 3.97% ratio of that float. The average trading volume of HLX on November 06, 2024 was 1.87M shares.
HLX) stock’s latest price update
Helix Energy Solutions Group Inc (NYSE: HLX)’s stock price has plunge by 1.84relation to previous closing price of 9.22. Nevertheless, the company has seen a 1.19% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-25 that Helix Energy Solutions Group reported mixed Q3 results, with revenues being impacted by adverse weather conditions in the U.S. Gulf of Mexico and elevated mobilization activity. However, profitability and cash generation remained strong, and the company tweaked full-year guidance just slightly. With several key assets transitioning to higher-margin contracts next year, near-term prospects remain strong.
Analysts’ Opinion of HLX
Raymond James, on the other hand, stated in their research note that they expect to see HLX reach a price target of $14. The rating they have provided for HLX stocks is “Strong Buy” according to the report published on September 19th, 2024.
BTIG Research gave a rating of “Buy” to HLX, setting the target price at $10 in the report published on October 26th of the previous year.
HLX Trading at -7.68% from the 50-Day Moving Average
After a stumble in the market that brought HLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.05% of loss for the given period.
Volatility was left at 3.19%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares sank -11.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.61% lower at present.
During the last 5 trading sessions, HLX rose by +1.19%, which changed the moving average for the period of 200-days by -3.69% in comparison to the 20-day moving average, which settled at $9.83. In addition, Helix Energy Solutions Group Inc saw -8.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HLX starting from KRATZ OWEN E, who sale 298,419 shares at the price of $11.92 back on Oct 03 ’24. After this action, KRATZ OWEN E now owns 7,171,860 shares of Helix Energy Solutions Group Inc, valued at $3,558,199 using the latest closing price.
KRATZ OWEN E, the Officer of Helix Energy Solutions Group Inc, proposed sale 298,419 shares at $11.92 during a trade that took place back on Oct 03 ’24, which means that KRATZ OWEN E is holding shares at $3,558,204 based on the most recent closing price.
Stock Fundamentals for HLX
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.16 for the gross margin
The net margin for Helix Energy Solutions Group Inc stands at 0.01. The total capital return value is set at 0.05. Equity return is now at value 0.46, with 0.28 for asset returns.
Based on Helix Energy Solutions Group Inc (HLX), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.62. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 3.8.
Currently, EBITDA for the company is 270.05 million with net debt to EBITDA at -0.03. When we switch over and look at the enterprise to sales, we see a ratio of 1.06. The receivables turnover for the company is 4.72for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.15.
Conclusion
In conclusion, Helix Energy Solutions Group Inc (HLX) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
