Shares of Helix Energy Solutions Group Inc. (NYSE:HLX) shot up 2.6% on Tuesday . The stock traded as high as $7.88 and last traded at $7.80, with a volume of 589,496 shares trading hands. The stock had previously closed at $7.60.

Several research firms recently weighed in on HLX. Iberia Capital upgraded Helix Energy Solutions Group to an “outperform” rating in a report on Friday, August 19th. Clarkson Capital upgraded Helix Energy Solutions Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 26th. Simmons set a $10.00 price target on Helix Energy Solutions Group and gave the stock a “buy” rating in a research note on Thursday, July 21st. Credit Suisse Group AG restated a “buy” rating and set a $10.00 price target on shares of Helix Energy Solutions Group in a research note on Wednesday, July 20th. Finally, Stephens lowered Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and dropped their target price 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, four have assigned a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $9.11.

The stock’s market capitalization is $878.58 million. The company’s 50-day moving average is $7.76 and its 200-day moving average is $6.71.

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, hitting analysts’ consensus estimates of ($0.10). During the same period in the previous year, the company posted ($0.03) EPS. On average, analysts predict that Helix Energy Solutions Group Inc. will post ($0.36) earnings per share for the current year.

An institutional investor recently raised its position in Helix Energy Solutions Group stock. Bank of Montreal Can boosted its position in Helix Energy Solutions Group Inc. (NYSE:HLX) by 126.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. 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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