Helios Towers (LON:HTWS) Trading 0.5% Higher

Helios Towers plc (LON:HTWS) shot up 0.5% on Friday . The stock traded as high as GBX 112 ($1.48) and last traded at GBX 112 ($1.48). 12,262,748 shares traded hands during mid-day 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 Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated 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 Stock Performance

The company has a quick ratio of 1.97, a current ratio of 1.24 and a debt-to-equity ratio of 17,889.32. The stock’s fifty day moving average is GBX 119.68 and its two-hundred day moving average is GBX 110.90. The firm has a market capitalization of £1.18 billion, a price-to-earnings ratio of -1,866.67 and a beta of 0.50.

About Helios Towers

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.