Helix Energy Solutions Group (HLX) Projected to Post Quarterly Earnings on Monday

Helix Energy Solutions Group (NYSE:HLX) is anticipated to announce its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $311.66 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Helix Energy Solutions Group Stock Performance

Shares of Helix Energy Solutions Group stock opened at $7.91 on Friday. The firm has a market cap of $1.20 billion, a P/E ratio of 197.67 and a beta of 2.43. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.19. Helix Energy Solutions Group has a 12 month low of $7.76 and a 12 month high of $13.05. The stock’s fifty day moving average price is $8.72 and its 200-day moving average price is $9.76.

Insider Activity

In other Helix Energy Solutions Group news, Director Diana Glassman sold 16,000 shares of Helix Energy Solutions Group stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $9.94, for a total value of $159,040.00. Following the transaction, the director now owns 26,133 shares in the company, valued at $259,762.02. The trade was a 37.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Scott Andrew Sparks sold 170,000 shares of Helix Energy Solutions Group stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $9.87, for a total value of $1,677,900.00. Following the completion of the transaction, the chief operating officer now owns 112,634 shares in the company, valued at $1,111,697.58. This trade represents a 60.15 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 269,991 shares of company stock worth $2,607,137. Company insiders own 6.37% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research note on Wednesday, December 4th.

Helix Energy Solutions Group Company Profile

Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.