Helios Underwriting (LON:HUW) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Helios Underwriting plc (LON:HUW) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 210.91 and traded as high as GBX 218. Helios Underwriting shares last traded at GBX 217, with a volume of 29,068 shares changing hands.

Helios Underwriting Stock Performance

The business’s fifty day moving average is GBX 210.91 and its 200-day moving average is GBX 209.88. The firm has a market cap of £148.59 million, a P/E ratio of 9.56 and a beta of 0.03.

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

Insider Transactions at Helios Underwriting

In other Helios Underwriting news, insider Nigel Hanbury sold 39,500 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of GBX 205, for a total transaction of £80,975. Insiders own 32.47% 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.