Helical (LON:HLCL) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Helical plc (LON:HLCL - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 194.01 ($2.50) and traded as high as GBX 205 ($2.64). Helical shares last traded at GBX 197 ($2.54), with a volume of 66,465 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank cut their price objective on shares of Helical from GBX 278 ($3.58) to GBX 270 ($3.48) and set a "buy" rating for the company in a research report on Tuesday, December 10th.

Helical Stock Down 2.1 %

The firm has a market cap of £231.23 million, a price-to-earnings ratio of 8.88, a PEG ratio of 0.43 and a beta of 0.72. The firm has a fifty day moving average price of GBX 188.25 and a 200-day moving average price of GBX 193.24. The company has a quick ratio of 2.59, a current ratio of 3.44 and a debt-to-equity ratio of 57.82.

About Helical

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.