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HLX: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 12.45%.However, over the last six months, we can see a weaker performance of 22.07%. Over the last 30 days, the price of HLX has leaped by -2.61%. And in the last five days, it has surged by 6.74%.

Helix Energy Solutions Group Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $12.14 on 04/12/24 and the lowest value was $6.18 on 05/31/23.

52-week price history of HLX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Helix Energy Solutions Group Inc’s current trading price is -4.78% away from its 52-week high, while its distance from the 52-week low is 86.90%. The stock’s price range during this period has varied between$6.18 and $12.14. The Helix Energy Solutions Group Inc’s shares, which operate in the Energy, saw a trading volume of around 2.18 million for the day, a figure considerably higher than their average daily volume of 1.72 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Helix Energy Solutions Group Inc (HLX) has experienced a quarterly rise of 22.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.76B and boasts a workforce of 2531 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 10.24, with a change in price of +1.36. Similarly, Helix Energy Solutions Group Inc recorded 1,895,604 in trading volume during the last 100 days, posting a change of +13.33%.

HLX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for HLX stands at 0.47. Similarly, the long-term debt-to-equity ratio is also 0.43.

HLX Stock Stochastic Average

Helix Energy Solutions Group Inc’s raw stochastic average for the past 50 days is presently 82.04%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 65.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 61.27% and 54.38%, respectively.

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