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

Shares of Helios Underwriting plc (LON:HUW – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 275 and last traded at GBX 264, with a volume of 69,730 shares changing hands. The stock had previously closed at GBX 270.

Helios Underwriting Trading Down 2.2%

The company has a 50 day moving average price of GBX 243.07 and a 200 day moving average price of GBX 221.01. The firm has a market cap of £183.50 million, a PE ratio of 7.12 and a beta of 0.02.

Helios Underwriting (LON:HUW – Get Free Report) last released its quarterly earnings results on Tuesday, September 29th. The company reported GBX 16.05 earnings per share for the quarter. Helios Underwriting had a return on equity of 14.88% and a net margin of 240.94%. As a group, equities research analysts anticipate that Helios Underwriting plc will post 36.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Helios Underwriting

In other news, insider John Chambers purchased 150,000 shares of the business’s stock in a transaction dated Tuesday, September 29th. The stock was acquired at an average price of GBX 238 per share, with a total value of £357,000. 33.92% of the stock is currently owned by corporate insiders.

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.

Featured Stories

Receive News & Ratings for Helios Underwriting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helios Underwriting and related companies with MarketBeat.com's FREE daily email newsletter.