Helios Towers (LON:HTWS) Stock Price Up 0.1% – Here’s Why

Helios Towers plc (LON:HTWS)’s share price traded up 0.1% during mid-day trading on Friday . The company traded as high as GBX 96.29 ($1.22) and last traded at GBX 94.70 ($1.20). 927,256 shares traded hands during trading, a decline of 41% from the average session volume of 1,580,226 shares. The stock had previously closed at GBX 94.60 ($1.19).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 195 ($2.46) price target on shares of Helios Towers in a report on Thursday, November 7th.

Helios Towers Price Performance

The company has a debt-to-equity ratio of 17,889.32, a quick ratio of 1.97 and a current ratio of 1.24. The company has a market cap of £994.35 million, a price-to-earnings ratio of -1,578.33 and a beta of 0.50. The business has a fifty day moving average price of GBX 121.62 and a 200 day moving average price of GBX 120.57.

Helios Towers Company Profile

Helios Towers plc, an independent tower company, acquires, builds, and operates telecommunications towers and passive infrastructure. It provides colocation lease-up, build-to-suit, sale and leaseback, in-building, small cells/outdoor distributed antenna system, and other managed services. The company also offers passive infrastructure solutions, including site selection, site preparation, maintenance, security, and power management, as well as engages in hosting of active equipment, such as antennae.