Helix Energy Solutions Group, Inc. (HLX) COO Sells $67500.00 in Stock

Lloyd Doyle
November 15, 2017

The trading of the day started with the price of the stock at $1.3. The Pacific Global Investment Management Company holds 314,950 shares with $1.78 million value, down from 525,950 last quarter. 2017, Helix Energy Solutions Group, Inc. BidaskClub raised Helix Energy Solutions Group from a "strong sell" rating to a "sell" rating in a research note on Friday, August 25th. The stock decreased 5.24% or $0.38 during the last trading session, reaching $6.87. American International Group Inc. raised its holdings in Helix Energy Solutions Group by 10.8% during the 1st quarter.

The shares of the company (HLX) staged the smart recovery as has roared back some 42.53% after stumbling to its new 52-weeks low. Finally, Voya Investment Management LLC boosted its position in Helix Energy Solutions Group by 33.7% in the second quarter. Green Square Capital LLC now owns 21,392 shares of the oil and gas company's stock worth $121,000 after purchasing an additional 359 shares during the period.

Investors can gain useful insight on institutional ownership within a public company by taking a look at the organization's most recent 13F filings. Sales reached $0.16 billion during the three-month period, compared to the average analyst estimate of $0.17 billion. The stock exchanged hands 1.78 Million shares versus average trading capacity of 1.61 Million shares, yielding a market cap of $1.04 Billion.

In terms of Buy/Sell recommendations, 9 analysts have a consensus rating of 1.94 on the shares of Helix Energy Solutions Group (NYSE:HLX). A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that HLX is a Weak sell, which implies that HLX is expected to underperform the market based on prior trading patterns.

On September 5 analysts at Bank of America Corporation updated guidance on HLX with an initial rating of "Neutral". As per Wednesday, September 27, the company rating was downgraded by PiperJaffray. Three research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The stock has "Buy" rating by Cowen & Co on Friday, October 6.

In other Helix Energy Solutions Group news, Director Nancy K. Quinn sold 11,268 shares of the firm's stock in a transaction dated Thursday, November 9th. Following the sale, the director now directly owns 104,107 shares of the company's stock, valued at $774,556.08. The firm has "Buy" rating given on Friday, October 20 by SunTrust.

HLTH's mean recommendation on Reuter's scale has so far not been altered from 1 thirty days ago to 1 now. Company insiders own 5.70% of the company's stock. Furthermore on 10/06/16 DA Davidson "Initiates Coverage on" the stock to Buy. The company has Beta Value of 2.63 and ATR value of 0.33.

The company reported its EPS on 9/29/2017.

While considering growth estimates of the company, it has next quarter growth estimates of 75% whereas during current quarter it has 75% estimations over growth, comparing to the estimations of 55.2% during current year and 223.1% for next year. With these types of results to display analysts, are more optimistic than before, leading 8 of analysts who cover Helix Energy Solutions Group, Inc.

ILLEGAL ACTIVITY WARNING: "Cornerstone Capital Management Holdings LLC". Alibaba Group Holding now has $472.64B valuation. "(NYSE:HLX)" was originally posted by TrueBlueTribune and is the property of of TrueBlueTribune. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and global trademark & copyright law. Finally, GSA Capital Partners LLP bought a new stake in shares of Helix Energy Solutions Group in the 2nd quarter worth approximately $151,000.

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