Helios Underwriting (LON:HUW) Stock Price Up 8.7% – Here’s What Happened

Helios Underwriting plc (LON:HUW)’s stock price traded up 8.7% on Monday . The stock traded as high as GBX 246 ($3.12) and last traded at GBX 238 ($3.02). 144,517 shares traded hands during mid-day trading, an increase of 81% from the average session volume of 79,928 shares. The stock had previously closed at GBX 219 ($2.78).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised their price target on shares of Helios Underwriting from GBX 201 ($2.55) to GBX 239 ($3.04) and gave the stock a “buy” rating in a report on Friday, November 22nd.

Helios Underwriting Price Performance

The stock has a 50-day simple moving average of GBX 188.31 and a 200 day simple moving average of GBX 179.09. The company has a market cap of £169.79 million, a PE ratio of 952.17 and a beta of 0.14. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 42.35.

Helios Underwriting Company Profile

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.