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HLX (Helix Energy Solutions Group Inc) may reap gains as insiders became active recently

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 Tuesday, Helix Energy Solutions Group Inc [NYSE:HLX] saw its stock fall -0.31% to $6.52. Over the last five days, the stock has gained 0.31%. Helix Energy Solutions Group Inc shares have fallen nearly -30.04% since the year began. Nevertheless, the stocks have fallen -38.66% over the past one year. While a 52-week high of $13.05 was reached on 01/03/25, a 52-week low of $5.77 was recorded on 04/09/25. SMA at 50 days reached $7.82, while 200 days put it at $9.60.

Levels Of Support And Resistance For HLX Stock

The 24-hour chart illustrates a support level at 6.33, which if violated will result in even more drops to 6.15. On the upside, there is a resistance level at 6.69. A further resistance level may holdings at 6.86. The Relative Strength Index (RSI) on the 14-day chart is 39.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.73%. Stochastics %K at 31.31% indicates the stock is a holding.

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 2025-03-31, dropping by -2.22 million shares to a total of 5.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.41 million shares. There was a decline of -42.81%, which implies that there is a negative sentiment for the stock.

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