Helical (LON:HLCL) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Helical plc (LON:HLCL)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 196.62 ($2.54) and traded as high as GBX 197 ($2.55). Helical shares last traded at GBX 191 ($2.47), with a volume of 29,946 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their price target on Helical from GBX 278 ($3.60) to GBX 270 ($3.49) and set a “buy” rating on the stock in a research note on Tuesday, December 10th.

Helical Price Performance

The company has a debt-to-equity ratio of 57.82, a current ratio of 3.44 and a quick ratio of 2.59. The stock has a 50 day moving average price of GBX 182.68 and a 200-day moving average price of GBX 196.58. The stock has a market capitalization of £234.42 million, a price-to-earnings ratio of 9.00, 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.