Helios Towers (LON:HTWS) Trading 0.5% Higher

Helios Towers plc (LON:HTWS) traded up 0.5% during trading on Friday . The stock traded as high as GBX 112 ($1.48) and last traded at GBX 112 ($1.48). 12,262,748 shares changed hands during trading, an increase of 620% from the average session volume of 1,703,834 shares. The stock had previously closed at GBX 111.40 ($1.47).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 265 ($3.50) target price on shares of Helios Towers in a report on Thursday, July 4th.

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 firm has a market cap of £1.18 billion, a P/E ratio of -1,866.67 and a beta of 0.50. The company has a 50-day moving average of GBX 119.68 and a 200 day moving average of GBX 110.65.

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.