Helios Underwriting (LON:HUW) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Shares of Helios Underwriting plc (LON:HUW) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 228.44 ($3.12) and traded as low as GBX 224.67 ($3.07). Helios Underwriting shares last traded at GBX 228 ($3.11), with a volume of 33,626 shares trading hands.

Helios Underwriting Trading Up 2.7%

The business’s 50-day moving average is GBX 228.44 and its two-hundred day moving average is GBX 223.47. The company has a current ratio of 0.70, a quick ratio of 0.81 and a debt-to-equity ratio of 42.35. The stock has a market capitalization of £163.77 million, a PE ratio of 9.56 and a beta of 0.14.

Helios Underwriting (LON:HUW) last issued its earnings results on Monday, June 2nd. The company reported GBX 25.60 ($0.35) earnings per share for the quarter. Helios Underwriting had a return on equity of 12.61% and a net margin of 6.96%. On average, analysts predict that Helios Underwriting plc will post 36.8921875 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Nigel Hanbury sold 41,400 shares of Helios Underwriting stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of GBX 193 ($2.63), for a total transaction of £79,902 ($109,081.23). 57.30% of the stock is currently owned by corporate insiders.

About Helios Underwriting

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.