Helios Underwriting (LON:HUW) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Helios Underwriting plc (LON:HUW) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 212.37 ($2.81) and traded as high as GBX 224 ($2.96). Helios Underwriting shares last traded at GBX 220 ($2.91), with a volume of 25,074 shares trading hands.

Helios Underwriting Trading Up 2.3 %

The company has a debt-to-equity ratio of 42.35, a quick ratio of 0.81 and a current ratio of 0.70. The firm has a market capitalization of £158.03 million, a price-to-earnings ratio of 9.23 and a beta of 0.14. The company has a 50-day moving average price of GBX 212.37 and a 200-day moving average price of GBX 211.89.

Insider Activity at Helios Underwriting

In other news, insider Nigel Hanbury sold 41,400 shares of the firm’s stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of GBX 193 ($2.55), for a total value of £79,902 ($105,760.42). Also, insider John Chambers acquired 40,000 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average cost of GBX 208 ($2.75) per share, for a total transaction of £83,200 ($110,125.74). 57.30% of the stock is currently owned by insiders.

About Helios Underwriting

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates.