Helios Underwriting (LON:HUW) Hits New 52-Week High – What’s Next?

Helios Underwriting plc (LON:HUW) reached a new 52-week high on Monday . The stock traded as high as GBX 262.34 ($3.29) and last traded at GBX 262.34 ($3.29), with a volume of 84945 shares changing hands. The stock had previously closed at GBX 239.85 ($3.01).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upped their target price on Helios Underwriting from GBX 201 ($2.52) to GBX 239 ($3.00) and gave the stock a “buy” rating in a report on Friday, November 22nd.

Helios Underwriting Stock Performance

The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 42.35. The company’s 50-day simple moving average is GBX 206.17 and its 200-day simple moving average is GBX 187.16. The stock has a market capitalization of £191.19 million, a price-to-earnings ratio of 1,165.22 and a beta of 0.14.

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.