Helix Energy Solutions Group, Inc. (NYSE:HLX – Get Rating) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 6,570,000 shares, a growth of 8.4% from the December 31st total of 6,060,000 shares. Currently, 4.6% of the company's stock are sold short. Based on an average trading volume of 1,920,000 shares, the short-interest ratio is presently 3.4 days.

Helix Energy Solutions Group Stock Performance

HLX stock traded down $0.24 during midday trading on Friday, hitting $7.78. 1,631,025 shares of the stock traded hands, compared to its average volume of 1,493,602. The firm has a market cap of $1.18 billion, a P/E ratio of -10.10 and a beta of 2.83. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.44 and a quick ratio of 1.44. The stock's fifty day simple moving average is $6.93 and its 200-day simple moving average is $5.41. Helix Energy Solutions Group has a 1-year low of $2.47 and a 1-year high of $8.14.

Insider Activity at Helix Energy Solutions Group

In related news, COO Scott Andrew Sparks sold 26,000 shares of the stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $6.93, for a total transaction of $180,180.00. Following the completion of the sale, the chief operating officer now owns 254,870 shares of the company's stock, valued at $1,766,249.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.14% of the stock is currently owned by corporate insiders.

Institutional Trading of Helix Energy Solutions Group

Wall Street Analyst Weigh In

A number of research analysts have issued reports on HLX shares. BTIG Research raised shares of Helix Energy Solutions Group from a "neutral" rating to a "buy" rating and set a $10.00 price target for the company in a report on Wednesday, October 26th. StockNews.com lowered shares of Helix Energy Solutions Group from a "hold" rating to a "sell" rating in a research note on Thursday, November 3rd. Finally, TheStreet upgraded shares of Helix Energy Solutions Group from a "d+" rating to a "c-" rating in a research note on Friday, October 28th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $7.71.

About Helix Energy Solutions Group

(Get Rating)

Helix Energy Solutions Group, Inc, an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities.

Featured Stories

• Get a free copy of the StockNews.com research report on Helix Energy Solutions Group (HLX)
• MarketBeat Week in Review – 1/23- 1/27
• Why Lucid Spiked Nearly 100% In One Day
• Ride These Railroad Stocks for Growth and Income
• ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
• KLA Corporation: Strength In A Troubled Semi-Market

Receive News & Ratings for Helix Energy Solutions Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helix Energy Solutions Group and related companies with MarketBeat.com's FREE daily email newsletter.