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 -5.47% 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 -9.49% relative to the S&P 500. The 4-week change in the price of the stock is -5.67% and the stock has fallen -10.08% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 6.97% and the fifty day Moving Average is 0.09%. Helix Energy Solutions Group, Inc. has dropped 4.34% during the last three month period . Year-to-Date the stock performance stands at 42.4%.
Helix Energy Solutions Group (HLX) : 5 investment research analysts covering Helix Energy Solutions Group (HLX) have an average price target of $10.6 for the near short term. The highest target price given by the Brokerage Firm to the stock is $16 and the lowest target is $8 for the short term. Analysts expect the variance to be within $3.13 of the average price.
Helix Energy Solutions Group (NYSE:HLX): On Fridays trading session , Opening price of the stock was $7.68 with an intraday high of $7.81. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $7.335. However, the stock managed to close at $7.49, a loss of 1.45% for the day. On the previous day, the stock had closed at $7.6. The total traded volume of the day was 1,774,106 shares.
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.