Helical (LON:HLCL) Reaches New 1-Year Low – Here’s Why

Helical plc (LON:HLCL)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 170.80 ($2.09) and last traded at GBX 171.80 ($2.10), with a volume of 51816 shares traded. The stock had previously closed at GBX 173 ($2.11).

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their price target on Helical from GBX 278 ($3.39) to GBX 270 ($3.30) and set a “buy” rating on the stock in a research report on Tuesday, December 10th.

Helical Price Performance

The stock has a market capitalization of £210.83 million, a PE ratio of -110.84, a P/E/G ratio of 0.43 and a beta of 0.72. The company has a debt-to-equity ratio of 57.82, a current ratio of 3.44 and a quick ratio of 2.59. The firm’s 50 day simple moving average is GBX 186.73 and its 200 day simple moving average is GBX 210.71.

Helical Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, December 5th will be given a GBX 1.50 ($0.02) dividend. This represents a yield of 0.82%. The ex-dividend date is Thursday, December 5th. Helical’s payout ratio is presently -322.58%.

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.