Shares of Helix Energy Solutions Group Inc. (NYSE:HLX) were down 3.4% during mid-day trading on Monday . The company traded as low as $7.95 and last traded at $8.05, with a volume of 461,198 shares changing hands. The stock had previously closed at $8.33.

A number of analysts have recently issued reports on HLX shares. Simmons reiterated a “buy” rating and issued a $9.10 price objective (up from $8.00) on shares of Helix Energy Solutions Group in a report on Tuesday, June 21st. Iberia Capital upgraded shares of Helix Energy Solutions Group to an “outperform” rating in a report on Friday. Credit Suisse Group AG reiterated a “buy” rating and issued a $10.00 price objective on shares of Helix Energy Solutions Group in a report on Wednesday, July 20th. Stephens downgraded shares of Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $9.00 to $8.00 in a report on Friday, June 3rd. Finally, Clarkson Capital upgraded shares of Helix Energy Solutions Group from a “neutral” rating to a “buy” rating in a report on Tuesday, July 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. Helix Energy Solutions Group presently has a consensus rating of “Hold” and an average target price of $9.11.

The company has a 50-day moving average price of $7.68 and a 200-day moving average price of $6.48. The company’s market capitalization is $901.11 million.

Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Tuesday, July 19th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.10). During the same period in the previous year, the business earned ($0.03) EPS. Equities analysts predict that Helix Energy Solutions Group Inc. will post ($0.36) EPS for the current year.

An institutional investor recently raised its position in Helix Energy Solutions Group stock. Bank of Montreal Can raised its stake in shares of Helix Energy Solutions Group Inc. (NYSE:HLX) by 126.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 223,552 shares of the company’s stock after buying an additional 125,042 shares during the period. Bank of Montreal Can owned 0.21% of Helix Energy Solutions Group worth $1,177,000 at the end of the most recent 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.

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