How Will the Market React to Helix Energy Solutions Group Inc (HLX) Stock Getting a Bullish Rating

Overall market sentiment has been high on Helix Energy Solutions Group Inc (HLX) stock lately. HLX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Helix Energy Solutions Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HLX!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With HLX Stock Today?

Helix Energy Solutions Group Inc (HLX) stock has risen 4.38% while the S&P 500 has fallen -0.18% as of 1:36 PM on Monday, Mar 25. HLX is higher by $0.46 from the previous closing price of $10.50 on volume of 657,130 shares. Over the past year the S&P 500 has risen 31.35% while HLX is higher by 44.21%. HLX lost -$0.07 per share in the over the last 12 months. To screen for more stocks like Helix Energy Solutions Group Inc click here.

More About Helix Energy Solutions Group Inc

Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with emphasis on well intervention and robotics operations. Helix provides services primarily in deepwater in the Gulf of Mexico, Brazil, North Sea, Asia Pacific and West Africa regions. It has three reportable business segments: Well Intervention, Robotics and Production Facilities. Well Intervention segment includes vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico, North Sea and Brazil; Robotics segment includes remotely operated vehicles, trenchers, and ROVDrills; Production Facilities segment includes the HP I, the Helix Fast Response System. Click Here to get the full Stock Report for Helix Energy Solutions Group Inc stock.