Helical (LON:HLCL) Shares Pass Above 200 Day Moving Average – What’s Next?

Shares of Helical plc (LON:HLCL) passed 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 changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank decreased their target price on Helical from GBX 278 ($3.61) to GBX 270 ($3.51) 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 187.65 and its 200 day moving average is GBX 193.52. 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 £235.89 million, a P/E ratio of 9.06, a P/E/G 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.