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

Helios Underwriting plc (LON:HUW)’s stock price hit a new 52-week high during trading on Thursday. The stock 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 Price Performance

The company’s 50 day simple moving average is GBX 241.37 and its 200 day simple moving average is GBX 220.37. The stock has a market cap of £183.84 million, a P/E ratio of 7.14 and a beta of 0.02.

Helios Underwriting (LON:HUW) last announced its earnings results 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%. On average, equities research analysts predict that Helios Underwriting plc will post 36.89 earnings per share for the current year.

Insider Activity at Helios Underwriting

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

About Helios Underwriting

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.