Helical (LON:HLCL) Sets New 12-Month Low – Should You Sell?

Helical plc (LON:HLCL) hit a new 52-week low on Tuesday . The company traded as low as GBX 167.20 ($2.07) and last traded at GBX 173 ($2.14), with a volume of 284060 shares. The stock had previously closed at GBX 181.40 ($2.24).

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their price target on Helical from GBX 278 ($3.43) to GBX 270 ($3.33) and set a “buy” rating for the company in a research report on Tuesday, December 10th.

Helical Stock Up 1.2 %

The stock’s fifty day moving average price is GBX 183.67 and its 200 day moving average price is GBX 206.92. The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82. The stock has a market cap of £213.32 million, a P/E ratio of -112.14, a price-to-earnings-growth ratio of 0.43 and a beta of 0.72.

Helical (LON:HLCL) last released its quarterly earnings results on Wednesday, November 27th. The company reported GBX 3.80 ($0.05) earnings per share for the quarter. As a group, research analysts forecast that Helical plc will post 8.3172892 earnings per share for the current fiscal year.

Helical Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 15th. Investors of record on Thursday, December 5th were given a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 0.82%. Helical’s payout ratio is -322.58%.

About Helical

Helical is a Central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge.

Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London’s leading development specialists.