Helical (LON:HLCL) Hits New 1-Year Low – Time to Sell?

Helical plc (LON:HLCL) hit a new 52-week low on Monday . The company traded as low as GBX 170.80 ($2.09) and last traded at GBX 171.80 ($2.10), with a volume of 51816 shares. The stock had previously closed at GBX 173 ($2.11).

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their price objective on shares of Helical from GBX 278 ($3.39) to GBX 270 ($3.30) and set a “buy” rating for the company in a research report on Tuesday, December 10th.

Helical Stock Performance

The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82. The company has a market cap of £220.90 million, a price-to-earnings ratio of -116.13, a P/E/G ratio of 0.43 and a beta of 0.72. The stock has a 50 day moving average price of GBX 185.74 and a two-hundred day moving average price of GBX 209.82.

Helical Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, December 5th will be paid a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.82%. The ex-dividend date of this dividend is 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.