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30.3% Return Seen to Date on SmarTrend Helix Energy Sol Call (HLX)

By Nick Russo

SmarTrend identified an Uptrend for Helix Energy Sol (NYSE:HLX) on April 13th, 2018 at $6.37. In approximately 1 month, Helix Energy Sol has returned 30.30% as of today's recent price of $8.30.

In the past 52 weeks, Helix Energy Sol share prices have been bracketed by a low of $4.82 and a high of $11.87 and are now at $8.30, 72% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 6.2% while the 200-day MA has slid 1.2%.

Helix Energy Solutions Group Inc. is a marine contractor and operator of offshore oil and gas properties and production facilities. The Company seeks to align the interests of the producer and contractor by investing in mature offshore oil and gas properties, hub production facilities, and undeveloped reserve plays.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Helix Energy Sol shares.

Log in and add Helix Energy Sol (HLX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights helix energy sol

Ticker(s): HLX