Helical (LON:HLCL) Hits New 12-Month Low - Should You Sell?

Helical plc (LON:HLCL - Get Free Report)'s share price reached a new 52-week low on Monday . The company traded as low as GBX 170.80 ($2.09) and last traded at GBX 171.80 ($2.10), with a volume of 51816 shares traded. The stock had previously closed at GBX 173 ($2.12).

Wall Street Analyst Weigh In

Separately, Berenberg Bank dropped their target price on Helical from GBX 278 ($3.40) to GBX 270 ($3.30) and set a "buy" rating on the stock in a report on Tuesday, December 10th.

Helical Trading Down 0.7 %

The company has a market cap of £210.83 million, a price-to-earnings ratio of -110.84, a P/E/G ratio of 0.43 and a beta of 0.72. The business has a fifty day simple moving average of GBX 186.73 and a 200 day simple moving average of GBX 210.71. The company has a quick ratio of 2.59, a current ratio of 3.44 and a debt-to-equity ratio of 57.82.

Helical Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, December 5th will be issued a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.82%. The ex-dividend date is Thursday, December 5th. Helical's dividend payout ratio is currently -322.58%.

Helical Company Profile

Helical is a Central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge. Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London's leading development specialists.