Helios Underwriting (LON:HUW) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Helios Underwriting plc (LON:HUW) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 213.46 and traded as low as GBX 210. Helios Underwriting shares last traded at GBX 211, with a volume of 26,094 shares traded.

Helios Underwriting Price Performance

The company has a market cap of £144.14 million, a PE ratio of 7.62 and a beta of 0.03. The stock has a 50 day simple moving average of GBX 213.46 and a two-hundred day simple moving average of GBX 210.23.

Helios Underwriting (LON:HUW) last announced its earnings results on Thursday, May 21st. The company reported GBX 29 earnings per share (EPS) for the quarter. The business had revenue of GBX 3,044 million for the quarter. Helios Underwriting had a net margin of 340.46% and a return on equity of 11.72%. As a group, equities analysts anticipate that Helios Underwriting plc will post 36.8921875 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Nigel Hanbury sold 39,500 shares of the stock in a transaction on Thursday, April 9th. The shares were sold at an average price of GBX 205, for a total transaction of £80,975. 34.00% of the stock is currently owned by corporate 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. Its portfolio provides property insurance and reinsurance products. The company was formerly known as Hampden Underwriting Plc and changed its name to Helios Underwriting Plc in January 2014.