Helios Underwriting (LON:HUW) Reaches New 12-Month High – Here’s What Happened

Helios Underwriting plc (LON:HUW)’s share price reached a new 52-week high on Wednesday. The stock traded as high as GBX 275 and last traded at GBX 264, with a volume of 69,730 shares. The stock had previously closed at GBX 270.

Helios Underwriting Price Performance

The company has a market cap of £183.50 million, a PE ratio of 7.12 and a beta of 0.02. The firm has a 50-day simple moving average of GBX 243.07 and a two-hundred day simple moving average of GBX 221.01.

Helios Underwriting (LON:HUW) last issued its quarterly earnings data on Tuesday, September 29th. The company reported GBX 16.05 earnings per share (EPS) for the quarter. Helios Underwriting had a return on equity of 14.88% and a net margin of 240.94%. Equities research analysts forecast that Helios Underwriting plc will post 36.89 EPS for the current year.

Insider Buying and Selling

In other news, insider John Chambers bought 150,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 29th. The stock was purchased at an average price of GBX 238 per share, with a total value of £357,000. Corporate insiders own 33.92% of the company’s stock.

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.