Helios Underwriting (LON:HUW) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Helios Underwriting plc (LON:HUW) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 208.54 and traded as high as GBX 220. Helios Underwriting shares last traded at GBX 214, with a volume of 58,756 shares trading hands.

Helios Underwriting Stock Performance

The firm has a market capitalization of £149.96 million, a P/E ratio of 9.65 and a beta of 0.14. The firm’s 50-day moving average is GBX 208.94 and its 200 day moving average is GBX 209.67.

Helios Underwriting (LON:HUW) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX 29 EPS for the quarter. The business had revenue of GBX 3,044 million for the quarter. Helios Underwriting had a net margin of 340.46% and a return on equity of 11.72%. As a group, research analysts expect that Helios Underwriting plc will post 36.8921875 EPS for the current fiscal year.

Insider Buying and Selling

In other Helios Underwriting news, insider Nigel Hanbury sold 39,500 shares of the business’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of GBX 205, for a total transaction of £80,975. 32.47% of the stock is owned by company 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. 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.