Helios Underwriting (LON:HUW) Hits New 1-Year High – Time to Buy?

Helios Underwriting plc (LON:HUW – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday. The company traded as high as GBX 254 and last traded at GBX 254, with a volume of 56741 shares traded. The stock had previously closed at GBX 238.

Helios Underwriting Trading Up 6.7%

The business has a fifty day simple moving average of GBX 228.16 and a two-hundred day simple moving average of GBX 217.59. The company has a market cap of £177.00 million, a PE ratio of 9.17 and a beta of 0.02.

Helios Underwriting (LON:HUW – Get Free Report) last issued its earnings results on Tuesday, September 29th. The company reported GBX 16.05 EPS for the quarter. Helios Underwriting had a net margin of 240.94% and a return on equity of 14.88%. Equities analysts expect that Helios Underwriting plc will post 36.8921875 EPS for the current year.

Insiders Place Their Bets

In related news, insider John Chambers bought 150,000 shares of the firm’s stock in a transaction on Tuesday, September 29th. The shares were bought at an average price of GBX 238 per share, with a total value of £357,000. Insiders own 33.68% of the company’s stock.

Helios Underwriting Company Profile

(Get Free Report)

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.

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