Helical (LON:HLCL) Reaches New 12-Month Low – Should You Sell?

Helical plc (LON:HLCL)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 177.80 ($2.22) and last traded at GBX 181.80 ($2.27), with a volume of 117958 shares changing hands. The stock had previously closed at GBX 185.80 ($2.32).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their price target on Helical from GBX 278 ($3.47) to GBX 270 ($3.37) and set a “buy” rating for the company in a research report on Tuesday, December 10th.

Helical Stock Performance

The company’s fifty day moving average is GBX 196.49 and its 200 day moving average is GBX 215.93. The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82. The company has a market capitalization of £210.34 million, a P/E ratio of -110.58, a P/E/G ratio of 0.43 and a beta of 0.72.

Helical Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, December 5th will be issued a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.82%. The ex-dividend date of this dividend is Thursday, December 5th. Helical’s payout ratio is presently -322.58%.

Helical Company Profile

Helical plc engages in the development, investment, and rental of real estate properties in the United Kingdom. It operates through two segments: Investment and Development. The company’s property portfolio includes multi-let offices, office refurbishments and developments, restaurant, retail, residential, and warehouse spaces.