Helical (LON:HLCL) Reaches New 52-Week Low – Time to Sell?

by · The Cerbat Gem

Shares of Helical plc (LON:HLCL – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 177.80 ($2.22) and last traded at GBX 181.80 ($2.27), with a volume of 117958 shares. The stock had previously closed at GBX 185.80 ($2.32).

Analyst Ratings Changes

Separately, Berenberg Bank lowered their price objective on shares of Helical from GBX 278 ($3.47) to GBX 270 ($3.37) and set a “buy” rating on the stock in a research report on Tuesday, December 10th.

Check Out Our Latest Stock Report on HLCL

Helical Price Performance

The stock has a market capitalization of £210.34 million, a P/E ratio of -110.58, a price-to-earnings-growth ratio of 0.43 and a beta of 0.72. The company has a debt-to-equity ratio of 57.82, a quick ratio of 2.59 and a current ratio of 3.44. The firm has a 50-day moving average price of GBX 196.49 and a 200 day moving average price of GBX 215.93.

Helical Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, December 5th will be paid a GBX 1.50 ($0.02) dividend. This represents a yield of 0.82%. The ex-dividend date of this dividend is Thursday, December 5th. Helical’s dividend payout ratio is presently -322.58%.

About Helical

(Get Free Report)

Helical plc engages in the development, investment, and rental of real estate properties in the United Kingdom. It operates through two segments: Investment and Development. The company’s property portfolio includes multi-let offices, office refurbishments and developments, restaurant, retail, residential, and warehouse spaces.

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