KD Logo

The Attractiveness of Investing In Helix Energy Solutions Group Inc (HLX) is Growing

CHWY Stock

In a filing, Helix Energy Solutions Group Inc revealed its EVP, GEN COUNSEL & SECRETARY Neikirk Kenneth English unloaded Company’s shares for reported $0.77 million on Dec 30 ’24. In the deal valued at $9.17 per share,83,991 shares were sold. As a result of this transaction, Neikirk Kenneth English now holds 104,549 shares worth roughly $0.68 million.

Then, Neikirk Kenneth English bought 51,379 shares, generating $471,140 in total proceeds.

Before that, Neikirk Kenneth English bought 32,612 shares. Helix Energy Solutions Group Inc shares valued at $299,048 were divested by the Officer at a price of $9.17 per share.

BTIG Research downgraded its Helix Energy Solutions Group Inc [HLX] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in mid September with a ‘”a Strong buy”‘ rating. BTIG Research also remained covering HLX and has increased its forecast on October 26, 2022 with a “Buy” recommendation from previously “Neutral” rating. Evercore ISI revised its rating on July 27, 2022. It rated HLX as “an Outperform” which previously was an “an In-line”.

Price Performance Review of HLX

On Monday, Helix Energy Solutions Group Inc [NYSE:HLX] saw its stock fall -3.12% to $6.53. Over the last five days, the stock has lost -21.42%. Helix Energy Solutions Group Inc shares have fallen nearly -29.94% since the year began. Nevertheless, the stocks have fallen -43.27% over the past one year. While a 52-week high of $13.05 was reached on 01/03/25, a 52-week low of $6.63 was recorded on 04/07/25. SMA at 50 days reached $8.15, while 200 days put it at $9.85.

Levels Of Support And Resistance For HLX Stock

The 24-hour chart illustrates a support level at 6.16, which if violated will result in even more drops to 5.80. On the upside, there is a resistance level at 6.96. A further resistance level may holdings at 7.40. The Relative Strength Index (RSI) on the 14-day chart is 26.26, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.76%. Stochastics %K at 6.08% indicates the stock is a buying.

How much short interest is there in Helix Energy Solutions Group Inc?

A steep rise in short interest was recorded in Helix Energy Solutions Group Inc stocks on 2025-03-14, dropping by -0.59 million shares to a total of 6.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.29 million shares. There was a decline of -8.82%, which implies that there is a negative sentiment for the stock.

Most Popular