Helical (LON:HLCL) Shares Cross Above 200-Day Moving Average of $221.17

Shares of Helical plc (LON:HLCL) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 221.17 ($2.96) and traded as high as GBX 229.50 ($3.07). Helical shares last traded at GBX 226.50 ($3.03), with a volume of 108,864 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft boosted their price target on Helical from GBX 270 ($3.62) to GBX 280 ($3.75) and gave the company a “buy” rating in a research report on Wednesday, July 17th.

Helical Stock Performance

The stock has a 50 day simple moving average of GBX 225.04 and a 200 day simple moving average of GBX 221.28. The company has a market cap of £281.03 million, a price-to-earnings ratio of -147.74, a PEG ratio of 0.43 and a beta of 0.72. The company has a quick ratio of 2.59, a current ratio of 3.44 and a debt-to-equity ratio of 57.82.

Helical Company Profile

Helical plc engages in the development, investment, and rental of real estate properties in the United Kingdom. It operates through two segments: Investment and Development. The company’s property portfolio includes multi-let offices, office refurbishments and developments, restaurant, retail, residential, and warehouse spaces.