Helios Underwriting (LON:HUW) Sets New 1-Year High – Still a Buy?

Shares of Helios Underwriting plc (LON:HUW) hit a new 52-week high on Thursday. The company traded as high as GBX 265 and last traded at GBX 265, with a volume of 471 shares. The stock had previously closed at GBX 260.

Helios Underwriting Trading Up 1.9%

The stock has a market capitalization of £184.19 million, a PE ratio of 7.15 and a beta of 0.02. The firm has a 50-day moving average price of GBX 239.76 and a 200-day moving average price of GBX 219.77.

Helios Underwriting (LON:HUW) last posted its quarterly earnings data on Tuesday, September 29th. The company reported GBX 16.05 earnings per share (EPS) for the quarter. Helios Underwriting had a return on equity of 14.88% and a net margin of 240.94%. Sell-side analysts expect that Helios Underwriting plc will post 36.89 earnings per share for the current fiscal year.

Insider Activity

In related news, insider John Chambers acquired 150,000 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The shares were purchased at an average price of GBX 238 per share, with a total value of £357,000. Insiders own 33.92% of the company’s stock.

Helios Underwriting Company Profile

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates. Its portfolio provides property insurance and reinsurance products. The company was formerly known as Hampden Underwriting Plc and changed its name to Helios Underwriting Plc in January 2014.