Helios Underwriting (LON:HUW) Sets New 12-Month High – Still a Buy?

Helios Underwriting plc (LON:HUW)’s stock price hit a new 52-week high on Monday. The company traded as high as GBX 260 and last traded at GBX 258.49, with a volume of 105,540 shares. The stock had previously closed at GBX 254.65.

Helios Underwriting Stock Performance

The company has a market cap of £179.67 million, a P/E ratio of 6.97 and a beta of 0.02. The firm has a 50 day moving average price of GBX 231.39 and a 200-day moving average price of GBX 219.56.

Helios Underwriting (LON:HUW) last issued its quarterly earnings data on Tuesday, September 29th. The company reported GBX 16.05 EPS for the quarter. Helios Underwriting had a return on equity of 14.88% and a net margin of 240.94%. On average, sell-side analysts forecast that Helios Underwriting plc will post 36.89 EPS for the current fiscal year.

Insider Transactions at Helios Underwriting

In related news, insider John Chambers bought 150,000 shares of the firm’s stock in a transaction on Tuesday, September 29th. The stock was purchased at an average price of GBX 238 per share, with a total value of £357,000. 33.92% of the stock is owned by insiders.

Helios Underwriting Company Profile

Helios Underwriting plc, together with its subsidiaries, provides a limited liability investment for its shareholders in the Lloyd's insurance market in the United Kingdom. It operates through Syndicate Participation and Investment Management segments. The company participates in the Lloyd's insurance market through a portfolio of Lloyd's syndicates. Its portfolio provides property insurance and reinsurance products. The company was formerly known as Hampden Underwriting Plc and changed its name to Helios Underwriting Plc in January 2014.