Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Helix Energy Solutions Group Inc shares valued at $770,197 were sold by Neikirk Kenneth English on Dec 30 ’24. At $9.17 per share, Neikirk Kenneth English sold 83,991 shares. The insider’s holdings dropped to 104,549 shares worth approximately $0.89 million following the completion of this transaction.
Also, Neikirk Kenneth English purchased 51,379 shares, netting a total of over 471,140 in proceeds.
Before that, Neikirk Kenneth English had added 32,612 shares to its account. In a trade valued at $299,048, the Officer bought Helix Energy Solutions Group Inc shares for $9.17 each.
As published in a research note from BTIG Research on October 24, 2024, Helix Energy Solutions Group Inc [HLX] has been rated down from a Buy to a Neutral. Analysts at Raymond James started covering the stock with ‘”a Strong buy”‘ outlook in a report released in mid September. As of October 26, 2022, BTIG Research has increased its “Neutral” rating to a “Buy” for HLX. Earlier on July 27, 2022, Evercore ISI upgraded its rating. Their new recommendation was “an Outperform” for HLX stock which previously was a “an In-line”.
Analyzing HLX Stock Performance
During the last five days, there has been a drop of approximately -1.16%. Over the course of the year, Helix Energy Solutions Group Inc shares have dropped approximately -8.37%. Shares of the company reached a 52-week high of $9.75 on 01/03/25 and a 52-week low of $7.56 on 03/04/25. A 50-day SMA is recorded $8.30, while a 200-day SMA reached $9.95.
Support And Resistance Levels for Helix Energy Solutions Group Inc (HLX)
According to the 24-hour chart, there is a support level at 8.39, which, if violated, would cause prices to drop to 8.25. In the upper region, resistance lies at 8.77. The next price resistance is at 9.00. RSI (Relative Strength Index) is 54.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.35, which suggests the price will decrease in the coming days. Percent R is at 29.75%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
