Helical (LON:HLCL) Sets New 52-Week Low – Here’s What Happened

Helical plc (LON:HLCL)’s stock price hit a new 52-week low during mid-day trading on Friday. The stock traded as low as GBX 171 and last traded at GBX 178, with a volume of 142122 shares trading hands. The stock had previously closed at GBX 175.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reduced their price target on Helical from GBX 216 to GBX 212 and set a “hold” rating on the stock in a report on Friday, September 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 241.

Helical Stock Up 1.7%

The business’s fifty day moving average is GBX 195.57 and its two-hundred day moving average is GBX 191. The company has a market cap of £202.16 million, a P/E ratio of 36.85, a price-to-earnings-growth ratio of 0.43 and a beta of 0.92. The company has a debt-to-equity ratio of 41.20, a quick ratio of 2.59 and a current ratio of 137.30.

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.