Helios Underwriting (LON:HUW) Stock Passes Above 50 Day Moving Average – Should You Sell?

Helios Underwriting plc (LON:HUW)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 222.72 ($2.75) and traded as high as GBX 238.56 ($2.95). Helios Underwriting shares last traded at GBX 234 ($2.89), with a volume of 30,285 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft increased their target price on shares of Helios Underwriting from GBX 201 ($2.48) to GBX 239 ($2.95) and gave the stock a “buy” rating in a report on Friday, November 22nd.

Helios Underwriting Trading Down 0.1 %

The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 42.35. The stock has a market capitalization of £168.18 million, a P/E ratio of 1,025.00 and a beta of 0.14. The company has a fifty day simple moving average of GBX 222.72 and a two-hundred day simple moving average of GBX 193.92.

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.