Helix Energy Solutions Group (HLX) Shares are Up 0.4%

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 -8.73% 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 -0.1% relative to the S&P 500. The stock has risen by 0.4% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.85% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 5.66% and the 50-Day Moving Average is 0.35%.The 200 Day SMA reached 22.21%. Helix Energy Solutions Group, Inc. has dropped 11.53% during the last 3-month period . Year-to-Date the stock performance stands at 42.97%.


Helix Energy Solutions Group (NYSE:HLX): After opening at $7.66, the stock dipped to an intraday low of $7.46 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.73 and the buying power remained strong till the end. The stock closed at $7.52 for the day, a gain of 0.27% for the day session. The total traded volume was 1,976,979. The stocks close on the previous trading day was $7.5.

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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