Helix Energy Solutions Group (HLX) : During the past 4 weeks, traders have been relatively bearish on Helix Energy Solutions Group (HLX), hence the stock is down -10.18% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -9.88% relative to the S&P 500. The 4-week change in the price of the stock is -6.25% and the stock has fallen -8.54% in the past 1 week. The stock has recorded a 20-day Moving Average of 3.36% and the 50-Day Moving Average is 8.39%.
Helix Energy Solutions Group (NYSE:HLX): The stock opened at $6.93 on Friday but the bulls could not build on the opening and the stock topped out at $6.97 for the day. The stock traded down to $6.48 during the day, due to lack of any buying support eventually closed down at $6.75 with a loss of -2.17% for the day. The stock had closed at $6.90 on the previous day. The total traded volume was 1,828,638 shares.
The company Insiders own 7.46% of Helix Energy Solutions Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 1.06% . Institutional Investors own 83.01% of Helix Energy Solutions Group shares. During last six month period, the net percent change held by insiders has seen a change of 1.06%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the Director of HELIX ENERGY SOLUTIONS GROUP INC, Rask Jan A had purchased shares worth of $6,437 in a transaction dated on June 24, 2016. A total of 968 shares were purchased at a price of $6.65 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Helix Energy Solutions Group, Inc. is an international offshore energy services company. The Company operates in four business segments: Well Intervention, Robotics, Production Facilities and Subsea Construction. Well Intervention segment includes its vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. Its well intervention vessels include the Q4000, the Helix 534, the Seawell, the Well Enhancer and the Skandi Constructor, which is a chartered vessel. The Robotics segment operates four chartered vessels, and also includes ROVs, trenchers and ROVDrills designed to offshore subsea construction and well intervention services. The Companys Production Facilities segment, which include the Helix Producer I (HP I), which is a floating production vessel. Its subsea construction operations included the use of umbilical lay and pipelay vessels and ROVs to develop fields in the deepwater.