Helix Energy Solutions Group, Inc. (NYSE:HLX - Get Free Report)'s stock price fell 3.2% during mid-day trading on Monday . The stock traded as low as $6.23 and last traded at $6.53. 850,337 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 1,760,091 shares. The stock had previously closed at $6.74.
Helix Energy Solutions Group Trading Down 0.7 %
The stock has a 50 day moving average of $7.98 and a 200 day moving average of $9.15. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.29 and a quick ratio of 2.29. The firm has a market cap of $950.85 million, a P/E ratio of 156.91 and a beta of 1.91.
Helix Energy Solutions Group (NYSE:HLX - Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The oil and gas company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.09 by $0.04. The firm had revenue of $355.13 million for the quarter, compared to analyst estimates of $311.66 million. Helix Energy Solutions Group had a return on equity of 4.39% and a net margin of 0.54%. As a group, equities research analysts predict that Helix Energy Solutions Group, Inc. will post 0.26 EPS for the current year.
Institutional Investors Weigh In On Helix Energy Solutions Group
A number of hedge funds have recently made changes to their positions in HLX. Vanguard Group Inc. raised its position in Helix Energy Solutions Group by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 14,049,438 shares of the oil and gas company's stock worth $130,941,000 after purchasing an additional 343,673 shares during the period. State Street Corp increased its holdings in shares of Helix Energy Solutions Group by 3.8% in the third quarter. State Street Corp now owns 6,664,257 shares of the oil and gas company's stock worth $73,973,000 after buying an additional 246,577 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Helix Energy Solutions Group by 16.4% in the 4th quarter. Pacer Advisors Inc. now owns 6,546,820 shares of the oil and gas company's stock valued at $61,016,000 after acquiring an additional 923,477 shares during the last quarter. American Century Companies Inc. boosted its holdings in Helix Energy Solutions Group by 10.2% during the 4th quarter. American Century Companies Inc. now owns 4,727,037 shares of the oil and gas company's stock valued at $44,056,000 after acquiring an additional 437,814 shares during the period. Finally, Encompass Capital Advisors LLC grew its position in Helix Energy Solutions Group by 66.2% during the 4th quarter. Encompass Capital Advisors LLC now owns 4,103,295 shares of the oil and gas company's stock worth $38,243,000 after acquiring an additional 1,634,764 shares during the last quarter. 91.33% of the stock is currently owned by institutional investors.
Helix Energy Solutions Group Company Profile
(
Get Free Report)
Helix Energy Solutions Group, Inc, together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments.
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