Helios Underwriting (LON:HUW) Hits New 12-Month High – Should You Buy?

Helios Underwriting plc (LON:HUW) hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as GBX 265 and last traded at GBX 265, with a volume of 471 shares. The stock had previously closed at GBX 260.

Helios Underwriting Stock Performance

The business’s 50 day moving average is GBX 239.76 and its 200 day moving average is GBX 219.77. The stock has a market cap of £184.19 million, a price-to-earnings ratio of 7.15 and a beta of 0.02.

Helios Underwriting (LON:HUW) last released its earnings results on Tuesday, September 29th. The company reported GBX 16.05 earnings per share for the quarter. Helios Underwriting had a net margin of 240.94% and a return on equity of 14.88%. Research analysts expect that Helios Underwriting plc will post 36.89 earnings per share for the current year.

Insider Transactions at Helios Underwriting

In other news, insider John Chambers acquired 150,000 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The stock was bought at an average price of GBX 238 per share, with a total value of £357,000. Insiders own 33.92% of the company’s stock.

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.