Helios Underwriting (LON:HUW) Shares Pass Above 50 Day Moving Average – Time to Sell?

Helios Underwriting plc (LON:HUW) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 208.61 and traded as high as GBX 218. Helios Underwriting shares last traded at GBX 216, with a volume of 17,324 shares trading hands.

Helios Underwriting Price Performance

The stock has a market cap of £150.23 million, a P/E ratio of 9.25 and a beta of 0.14. The company has a current ratio of 0.70, a quick ratio of 0.81 and a debt-to-equity ratio of 42.35. The company’s fifty day simple moving average is GBX 208.65 and its 200-day simple moving average is GBX 211.98.

Insider Buying and Selling at Helios Underwriting

In other news, insider Tom Libassi sold 525,478 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of GBX 238, for a total value of £1,250,637.64. Also, insider Nigel Hanbury sold 762,228 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of GBX 238, for a total transaction of £1,814,102.64. In the last quarter, insiders sold 1,905,023 shares of company stock valued at $443,895,474. Corporate insiders own 32.47% of the company’s stock.

Helios Underwriting Company Profile

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.