Helical (LON:HLCL) Sets New 1-Year Low – Here’s Why

Helical plc (LON:HLCL) shares reached 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 trading hands. The stock had previously closed at GBX 177.50.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut their target price on Helical from GBX 216 to GBX 212 and set a “hold” rating for the company in a research note on Friday, September 18th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Helical currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 241.

Helical Trading Up 0.6%

The stock has a market cap of £202.16 million, a P/E ratio of 36.85, a PEG ratio of 0.43 and a beta of 0.92. The company has a debt-to-equity ratio of 41.20, a current ratio of 137.30 and a quick ratio of 2.59. The business’s 50 day simple moving average is GBX 192.69 and its 200 day simple moving average is GBX 190.82.

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.