Helios Towers plc (LON:HTWS - Get Free Report) shares fell 1.8% during mid-day trading on Wednesday . The company traded as low as GBX 120.20 ($1.64) and last traded at GBX 120.60 ($1.64). 1,264,328 shares were traded during trading, a decline of 57% from the average session volume of 2,920,105 shares. The stock had previously closed at GBX 122.80 ($1.67).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 175 ($2.38) target price on shares of Helios Towers in a research note on Thursday, May 8th.
Check Out Our Latest Research Report on HTWS
Helios Towers Stock Performance
The company has a quick ratio of 1.97, a current ratio of 1.24 and a debt-to-equity ratio of -2,151.68. The firm has a market cap of £1.59 billion, a PE ratio of -13.06 and a beta of 0.50. The firm has a 50-day moving average price of GBX 111.11 and a two-hundred day moving average price of GBX 101.15.
About Helios Towers
(
Get Free Report)
Helios Towers is a leading independent telecommunications infrastructure company, having established one of the most extensive tower portfolios across Africa and the Middle East. It builds, owns and operates telecom passive infrastructure, providing services to mobile network operators.
Helios Towers owns and operates telecommunication tower sites in Tanzania, Democratic Republic of Congo, Congo Brazzaville, Ghana, South Africa, Senegal, Madagascar, Malawi and Oman.
Helios Towers pioneered the model in Africa of buying towers that were held by single operators and providing services utilising the tower infrastructure to the seller and other operators.
Further Reading
Before you consider Helios Towers, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Helios Towers wasn't on the list.
While Helios Towers currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
