Helix Energy Solutions Group Inc. (NYSE:HLX) saw unusually-high trading volume on Wednesday . Approximately 2,132,264 shares were traded during trading, an increase of 16% from the previous session’s volume of 1,843,562 shares.The stock last traded at $7.71 and had previously closed at $7.03.

HLX has been the subject of a number of recent research reports. Morgan Stanley reissued a “buy” rating on shares of Helix Energy Solutions Group in a research report on Thursday, April 21st. Credit Suisse Group AG reissued a “buy” rating and set a $10.00 price target on shares of Helix Energy Solutions Group in a research report on Wednesday. Simmons reissued a “buy” rating and set a $9.10 price target (up from $8.00) on shares of Helix Energy Solutions Group in a research report on Tuesday, June 21st. Finally, Stephens cut shares of Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $9.00 to $8.00 in a research report on Friday, June 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $9.01.

The company’s market capitalization is $840.88 million. The company has a 50 day moving average price of $7.32 and a 200 day moving average price of $5.90.

Helix Energy Solutions Group (NYSE:HLX) last released its quarterly earnings results on Tuesday, July 19th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.10). During the same quarter last year, the firm posted ($0.03) earnings per share. Equities research analysts anticipate that Helix Energy Solutions Group Inc. will post ($0.40) EPS for the current fiscal year.

A number of large investors recently added to or reduced their stakes in the stock. Guinness Asset Management Ltd boosted its stake in Helix Energy Solutions Group by 23.7% in the fourth quarter. Guinness Asset Management Ltd now owns 694,595 shares of the company’s stock worth $3,654,000 after buying an additional 132,965 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Helix Energy Solutions Group by 45.9% in the fourth quarter. Victory Capital Management Inc. now owns 4,341,558 shares of the company’s stock worth $22,837,000 after buying an additional 1,366,000 shares in the last quarter. Bank of Montreal Can boosted its stake in Helix Energy Solutions Group by 126.9% in the fourth quarter. Bank of Montreal Can now owns 223,552 shares of the company’s stock worth $1,177,000 after buying an additional 125,042 shares in the last quarter. General American Investors Co. Inc. bought a new stake in Helix Energy Solutions Group during the fourth quarter worth about $5,675,000. Finally, Boston Partners boosted its stake in Helix Energy Solutions Group by 5.9% in the fourth quarter. Boston Partners now owns 2,304,155 shares of the company’s stock worth $12,120,000 after buying an additional 128,465 shares in the last quarter.

Helix Energy Solutions Group, Inc is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.