Helios Underwriting (LON:HUW) Stock Price Down 12.2% – What’s Next?

Helios Underwriting plc (LON:HUWGet Free Report) dropped 12.2% during trading on Monday . The stock traded as low as GBX 195 ($2.38) and last traded at GBX 196.70 ($2.40). Approximately 118,744 shares changed hands during mid-day trading, an increase of 106% from the average daily volume of 57,538 shares. The stock had previously closed at GBX 224 ($2.73).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised their target price on shares of Helios Underwriting from GBX 201 ($2.45) to GBX 239 ($2.92) and gave the company a “buy” rating in a research note on Friday, November 22nd.

Get Our Latest Stock Report on HUW

Helios Underwriting Stock Down 12.2 %

The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 42.35. The firm’s 50 day moving average price is GBX 224.64 and its two-hundred day moving average price is GBX 194.95. The company has a market capitalization of £140.33 million, a price-to-earnings ratio of 855.22 and a beta of 0.14.

About Helios Underwriting

(Get Free Report)

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates.

Further Reading

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