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

Helios Underwriting plc (LON:HUW) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 210.86 and traded as low as GBX 205.20. Helios Underwriting shares last traded at GBX 205.20, with a volume of 1,451 shares.

Helios Underwriting Trading Down 0.4%

The business’s 50 day simple moving average is GBX 210.86 and its 200-day simple moving average is GBX 213.95. The company has a debt-to-equity ratio of 42.35, a current ratio of 0.70 and a quick ratio of 0.81. The stock has a market capitalization of £146.80 million, a P/E ratio of 9.04 and a beta of 0.14.

Insiders Place Their Bets

In related news, insider Nigel Hanbury sold 762,228 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of GBX 238, for a total value of £1,814,102.64. Also, insider Tom Libassi sold 525,478 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of GBX 238, for a total value of £1,250,637.64. In the last three months, insiders sold 1,905,023 shares of company stock worth $443,895,474. 32.47% of the stock is currently owned by company insiders.

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. Its portfolio provides property insurance and reinsurance products. The company was formerly known as Hampden Underwriting Plc and changed its name to Helios Underwriting Plc in January 2014.