Helical (LON:HLCL) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Helical plc (LON:HLCL)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 194.01 ($2.52) and traded as high as GBX 205 ($2.66). Helical shares last traded at GBX 197 ($2.56), with a volume of 66,465 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank lowered their price objective on shares of Helical from GBX 278 ($3.61) to GBX 270 ($3.51) and set a “buy” rating for the company in a research note on Tuesday, December 10th.

Helical Stock Down 1.5 %

The company has a debt-to-equity ratio of 57.82, a quick ratio of 2.59 and a current ratio of 3.44. The stock’s 50 day simple moving average is GBX 187.65 and its 200 day simple moving average is GBX 193.52. The firm has a market cap of £235.89 million, a P/E ratio of 9.06, a price-to-earnings-growth ratio of 0.43 and a beta of 0.72.

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.