Helios Underwriting (LON:HUW) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Helios Underwriting plc (LON:HUW) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 211.42 ($2.82) and traded as high as GBX 225.70 ($3.01). Helios Underwriting shares last traded at GBX 223 ($2.98), with a volume of 7,994 shares trading hands.

Helios Underwriting Stock Down 0.9 %

The firm has a market capitalization of £160.18 million, a P/E ratio of 9.35 and a beta of 0.14. The company has a debt-to-equity ratio of 42.35, a current ratio of 0.70 and a quick ratio of 0.81. The company’s 50-day simple moving average is GBX 211.42 and its two-hundred day simple moving average is GBX 215.54.

Insider Activity

In other Helios Underwriting news, insider John Chambers bought 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of GBX 208 ($2.78) per share, with a total value of £83,200 ($111,096.27). Also, insider Nigel Hanbury sold 41,400 shares of Helios Underwriting stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of GBX 193 ($2.58), for a total transaction of £79,902 ($106,692.48). Insiders own 57.30% 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.