Helical (LON:HLCL) Sets New 52-Week Low – Here’s What Happened

Helical plc (LON:HLCL)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 167.20 ($2.07) and last traded at GBX 173 ($2.14), with a volume of 284060 shares traded. The stock had previously closed at GBX 181.40 ($2.24).

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their price objective on Helical from GBX 278 ($3.43) to GBX 270 ($3.33) and set a “buy” rating for the company in a research note on Tuesday, December 10th.

Helical Price Performance

The company has a quick ratio of 2.59, a current ratio of 3.44 and a debt-to-equity ratio of 57.82. The business’s 50-day simple moving average is GBX 183.67 and its 200-day simple moving average is GBX 206.92. The stock has a market cap of £213.32 million, a PE ratio of -112.14, a PEG ratio of 0.43 and a beta of 0.72.

Helical (LON:HLCL) last announced its quarterly earnings results on Wednesday, November 27th. The company reported GBX 3.80 ($0.05) earnings per share (EPS) for the quarter. On average, research analysts expect that Helical plc will post 8.3172892 EPS for the current fiscal year.

Helical Cuts Dividend

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