Helical (LON:HLCL) Stock Passes Above 200 Day Moving Average – Here’s Why

Helical plc (LON:HLCL)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 194.01 ($2.51) and traded as high as GBX 205 ($2.65). Helical shares last traded at GBX 197 ($2.55), with a volume of 66,465 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their price objective on Helical from GBX 278 ($3.59) to GBX 270 ($3.49) and set a “buy” rating on the stock in a report on Tuesday, December 10th.

Helical Stock Down 3.9 %

The stock has a market capitalization of £241.78 million, a P/E ratio of 9.28, a P/E/G ratio of 0.43 and a beta of 0.72. 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 firm’s fifty day moving average is GBX 186.80 and its 200-day moving average is GBX 194.01.

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.