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

Helical plc (LON:HLCL) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 167.20 ($2.06) and last traded at GBX 173 ($2.13), with a volume of 284060 shares traded. The stock had previously closed at GBX 181.40 ($2.24).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their target price on shares of 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 Trading Down 4.6 %

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 £212.31 million, a price-to-earnings ratio of -111.61, a PEG ratio of 0.43 and a beta of 0.72. The stock has a 50-day simple moving average of GBX 184.88 and a 200 day simple moving average of GBX 208.06.

Helical Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Thursday, December 5th were issued 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.