Helix Energy Solutions Group (NYSE:HLX) released its quarterly earnings data on Sunday. The oil and gas company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.11, MarketWatch Earnings reports. Helix Energy Solutions Group had a net margin of 3.50% and a return on equity of 0.53%. During the same quarter in the previous year, the company posted $0.05 earnings per share.
HLX traded down $0.57 on Tuesday, reaching $4.76. The company had a trading volume of 4,120,789 shares, compared to its average volume of 2,240,885. Helix Energy Solutions Group has a 1 year low of $0.99 and a 1 year high of $8.26. The stock has a market capitalization of $714.77 million, a PE ratio of 29.88 and a beta of 3.66. The company has a quick ratio of 1.89, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average price of $4.61 and a 200-day moving average price of $3.72.
Separately, Zacks Investment Research raised shares of Helix Energy Solutions Group from a “sell” rating to a “hold” rating in a research report on Wednesday, February 17th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $4.50.
Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.
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