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 company traded as low as GBX 171 and last traded at GBX 177, with a volume of 6,456,581 shares changing hands. The stock had previously closed at GBX 177.50.

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their price objective 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 research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Helical presently has an average rating of “Moderate Buy” and an average price target of GBX 241.

Helical Trading Down 0.3%

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 firm has a market cap of £201.03 million, a P/E ratio of 36.65, a P/E/G ratio of 0.43 and a beta of 0.92. The firm has a 50 day simple moving average of GBX 193.73 and a 200 day simple moving average of GBX 190.92.

About Helical

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.