Helios Underwriting (LON:HUW) Hits New 1-Year High – Here’s Why

Helios Underwriting plc (LON:HUW) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 245 and last traded at GBX 237, with a volume of 378893 shares changing hands. The stock had previously closed at GBX 228.50.

Helios Underwriting Stock Performance

The stock has a 50 day moving average price of GBX 226.98 and a 200 day moving average price of GBX 216.56. The company has a market cap of £165.15 million, a P/E ratio of 8.56 and a beta of 0.02.

Helios Underwriting (LON:HUW) last announced its earnings results on Tuesday, September 29th. The company reported GBX 16.05 earnings per share for the quarter. Helios Underwriting had a return on equity of 11.72% and a net margin of 340.46%. As a group, equities research analysts predict that Helios Underwriting plc will post 36.8921875 earnings per share for the current year.

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.