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

Shares of Helios Underwriting plc (LON:HUW) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 262.34 ($3.30) and last traded at GBX 262.34 ($3.30), with a volume of 84945 shares trading hands. The stock had previously closed at GBX 239.85 ($3.01).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Helios Underwriting from GBX 201 ($2.53) to GBX 239 ($3.00) and gave the stock a “buy” rating in a research note on Friday, November 22nd.

Helios Underwriting Stock Performance

The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 42.35. The stock has a 50 day moving average of GBX 202.90 and a 200 day moving average of GBX 186.05. The company has a market capitalization of £187.15 million, a price-to-earnings ratio of 1,140.61 and a beta of 0.14.

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.