Helios Towers (LON:HTWS) Trading 0.1% Higher – Should You Buy?

Shares of Helios Towers plc (LON:HTWS) 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 changed 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 Upgrades and Downgrades

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

Helios Towers Trading Up 0.1 %

The company has a market capitalization of £994.35 million, a price-to-earnings ratio of -1,578.33 and a beta of 0.50. 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 business’s 50-day simple moving average is GBX 121.62 and its 200-day simple moving average is GBX 120.59.

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.