Helical (LON:HLCL) Hits New 12-Month Low – Here’s Why

Helical plc (LON:HLCL)’s share price hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as GBX 171 and last traded at GBX 177, with a volume of 6,456,581 shares trading hands. The stock had previously closed at GBX 177.50.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut their price target on shares of Helical from GBX 216 to GBX 212 and set a “hold” rating on the stock in a report on Friday, September 18th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 241.

Helical Stock Performance

The company has a debt-to-equity ratio of 41.20, a quick ratio of 2.59 and a current ratio of 137.30. The company has a market cap of £201.03 million, a PE ratio of 36.65, a price-to-earnings-growth ratio of 0.43 and a beta of 0.92. The company’s 50 day moving average price is GBX 193.73 and its 200-day moving average price is GBX 190.92.

Helical Company Profile

Helical is a central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge.

Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London’s leading development specialists.