Finance

Choose Between the Worthy Stock: Helix Energy Solutions Group, Inc. (NYSE:HLX)

Helix Energy Solutions Group, Inc. (NYSE:HLX), ended its previous trading session at $8.71 showing a loss of -0.0199999999999996 or -0.23 percent with respect to the price of $8.73 when stock market opened. The company traded 626304 shares over the course of the trading day. Giving the average volume of 997.47 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 153.43 Million.

Helix Energy Solutions Group, Inc. (NYSE:HLX) is currently trading lower than its price target which is set to $10.88 by the analyst. The stock is -12.9% Below its 1-Year High which is $10.00. HLX has a difference of 31.97% from its 1 year low which stands at $6.60. The company is currently rated by analyst who are keeping a close eye on the stock as 1.8. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Helix Energy Solutions Group, Inc. (NYSE:HLX) Performance Snapshot

The stock performed exceptionally good in the previous week which depicts an increase of 1.04 percent in the shares price. The company subtracted about -6.34% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 21.82 Percent. HLX currently shows -9.55% as its year to date performance.

Helix Energy Solutions Group, Inc. (NYSE:HLX) Price Insight

The stock needs to grow about $2.17 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 0.85%, -3.46% and 5.22 percent respectively. The stock trades about 5.04 percent of its Float giving its total shares Outstanding are 153.43 Million. HLX gained about 22.85 percent in 6 months showing its Average True Range of 0.32. The company currently has a RSI and Beta of 48.28 and 3.01.

While talking about Helix Energy Solutions Group, Inc. (NYSE:HLX) valuation ratios, the stock trades with a P/S and P/B of 1.81 and 0.77 which is significantly better and attractive as compared to its peers.