Helios Underwriting (LON:HUW) Sets New 52-Week High – Here’s Why

Helios Underwriting plc (LON:HUW)’s share price reached a new 52-week high during trading on Wednesday. The company traded as high as GBX 275 and last traded at GBX 264, with a volume of 69,730 shares traded. The stock had previously closed at GBX 270.

Helios Underwriting Stock Down 1.2%

The stock has a market cap of £168.74 million, a P/E ratio of 6.81 and a beta of 0.02. The firm’s 50 day simple moving average is GBX 244.35 and its two-hundred day simple moving average is GBX 221.55.

Helios Underwriting (LON:HUW) last posted its quarterly earnings results on Tuesday, September 29th. The company reported GBX 16.05 EPS for the quarter. Helios Underwriting had a net margin of 240.94% and a return on equity of 14.88%. As a group, equities analysts predict that Helios Underwriting plc will post 36.89 EPS for the current year.

Insider Buying and Selling at Helios Underwriting

In other Helios Underwriting news, insider John Chambers acquired 150,000 shares of Helios Underwriting stock in a transaction dated Tuesday, September 29th. The stock was acquired at an average cost of GBX 238 per share, for a total transaction of £357,000. Company 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.