Helios Underwriting (LON:HUW) Shares Pass Above 50 Day Moving Average – Here’s What Happened

Helios Underwriting plc (LON:HUW) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 208.61 and traded as high as GBX 218. Helios Underwriting shares last traded at GBX 216, with a volume of 17,324 shares changing hands.

Helios Underwriting Price Performance

The stock has a market capitalization of £149.37 million, a P/E ratio of 9.20 and a beta of 0.14. The company has a debt-to-equity ratio of 42.35, a quick ratio of 0.81 and a current ratio of 0.70. The business has a fifty day simple moving average of GBX 208.61 and a 200-day simple moving average of GBX 212.01.

Insider Buying and Selling at Helios Underwriting

In other Helios Underwriting news, insider Nigel Hanbury sold 762,228 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were 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 Helios Underwriting stock in a transaction on Monday, November 3rd. The shares were sold at an average price of GBX 238, for a total transaction of £1,250,637.64. Over the last three months, insiders have sold 1,905,023 shares of company stock worth $443,895,474. 32.47% of the stock is owned by 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.