Helical (LON:HLCL) Hits New 52-Week Low – What’s Next?

Helical plc (LON:HLCL)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 167.20 ($2.06) and last traded at GBX 173 ($2.13), with a volume of 284060 shares trading hands. The stock had previously closed at GBX 181.40 ($2.24).

Analyst Ratings Changes

Separately, Berenberg Bank cut their target price on shares of Helical from GBX 278 ($3.43) to GBX 270 ($3.33) and set a “buy” rating for the company in a report on Tuesday, December 10th.

Helical Stock Performance

The company has a current ratio of 3.44, a quick ratio of 2.59 and a debt-to-equity ratio of 57.82. The stock has a market capitalization of £212.31 million, a PE ratio of -111.61, a PEG ratio of 0.43 and a beta of 0.72. The business’s 50 day moving average is GBX 184.88 and its 200 day moving average is GBX 208.06.

Helical Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Thursday, December 5th were given a GBX 1.50 ($0.02) dividend. This represents a yield of 0.82%. The ex-dividend date was Thursday, December 5th. Helical’s dividend payout ratio (DPR) is presently -322.58%.

About Helical

Helical is a Central London development focused real estate business listed on the London Stock Exchange. We create design-led, sustainable and inspiring spaces. We have a dynamic and experienced team with a broad skill set able to deliver optimal solutions and enhanced value through innovative thinking and in depth market knowledge.

Our extensive track record in joint venture structuring and working in partnership underpins our reputation as one of London’s leading development specialists.