Helical (LON:HLCL) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Helical plc (LON:HLCL) 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 ($2.55) 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 trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price target on Helical from GBX 278 ($3.60) to GBX 270 ($3.50) and set a “buy” rating on the stock in a research note on Tuesday, December 10th.

Helical Trading Up 0.5 %

The company has a market cap of £234.42 million, a PE ratio of 9.00, a price-to-earnings-growth ratio of 0.43 and a beta of 0.72. The business has a 50 day simple moving average of GBX 182.38 and a two-hundred day simple moving average of GBX 196.62. The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82.

Helical Company Profile

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.