Helix Energy Solutions Group (HLX) Shares are Up 0.13%

Helix Energy Solutions Group (HLX) : Traders are bullish on Helix Energy Solutions Group (HLX) as it has outperformed the S&P 500 by a wide margin of 3.39% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.19%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.13% in the last 1 week, and is up 6.86% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 8.86% and the 50-Day Moving Average is 7.14%. Helix Energy Solutions Group, Inc. has dropped 8% during the last 3-month period . Year-to-Date the stock performance stands at 50.95%.


Helix Energy Solutions Group (NYSE:HLX): stock turned positive on Friday. Though the stock opened at $7.48, the bulls momentum made the stock top out at $7.95 level for the day. The stock recorded a low of $7.41 and closed the trading day at $7.94, in the green by 3.66%. The total traded volume for the day was 1,318,677. The stock had closed at $7.66 in the previous days trading.

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.

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