Helios Underwriting (LON:HUW) Share Price Passes Above 50 Day Moving Average – What’s Next?

Helios Underwriting plc (LON:HUW)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 214.18 ($2.87) and traded as high as GBX 218.68 ($2.94). Helios Underwriting shares last traded at GBX 216.75 ($2.91), with a volume of 31,245 shares trading hands.

Helios Underwriting Stock Performance

The business has a 50 day moving average of GBX 214.18 and a 200 day moving average of GBX 218.47. The company has a market capitalization of £157.38 million, a P/E ratio of 9.19 and a beta of 0.14. The company has a quick ratio of 0.81, a current ratio of 0.70 and a debt-to-equity ratio of 42.35.

Insider Activity at Helios Underwriting

In other news, insider Nigel Hanbury sold 41,400 shares of the firm’s stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of GBX 193 ($2.59), for a total value of £79,902 ($107,251.01). Also, insider John Chambers acquired 40,000 shares of the stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of GBX 208 ($2.79) per share, with a total value of £83,200 ($111,677.85). 57.30% of the stock is owned by corporate insiders.

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.