Helix Energy Solutions Group Inc. (HLX) Trading 2.6% Higher
Helix Energy Solutions Group Inc. (NYSE:HLX)’s share price traded up 2.6% during trading on Tuesday . The company traded as high as $7.88 and last traded at $7.80, with a volume of 589,496 shares. The stock had previously closed at $7.60.
A number of equities analysts have recently commented on the company. 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 report on Tuesday, July 26th. Simmons set a $10.00 target price on Helix Energy Solutions Group and gave the stock a “buy” rating in a report on Thursday, July 21st. Credit Suisse Group AG reiterated a “buy” rating and issued a $10.00 target price on shares of Helix Energy Solutions Group in a report on Wednesday, July 20th. Finally, Stephens cut Helix Energy Solutions Group from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $9.00 to $8.00 in a report on Friday, June 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $9.11.
The firm has a 50 day moving average of $7.76 and a 200 day moving average of $6.76. The stock’s market capitalization is $844.79 million.
Helix Energy Solutions Group (NYSE:HLX) last announced its earnings results on Tuesday, July 19th. The company reported ($0.10) EPS for the quarter, meeting analysts’ consensus estimates of ($0.10). During the same period last year, the firm posted ($0.03) EPS. On average, equities analysts predict that Helix Energy Solutions Group Inc. will post ($0.36) earnings per share for the current fiscal year.
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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