Helios Underwriting (LON:HUW) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Helios Underwriting plc (LON:HUW) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 197.95 ($2.50) and traded as high as GBX 240 ($3.03). Helios Underwriting shares last traded at GBX 238 ($3.00), with a volume of 10,193 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Helios Underwriting from GBX 201 ($2.54) to GBX 239 ($3.02) and gave the stock a “buy” rating in a research report on Friday, November 22nd.

Helios Underwriting Stock Performance

The business’s fifty day moving average price is GBX 197.95 and its two-hundred day moving average price is GBX 183.69. The company has a debt-to-equity ratio of 42.35, a quick ratio of 0.81 and a current ratio of 1.05. The stock has a market capitalization of £169.79 million, a P/E ratio of 1,034.78 and a beta of 0.14.

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.