Helios Towers (LON:HTWS) Shares Up 0.1% - Here's What Happened

Helios Towers plc (LON:HTWS - Get Free Report) shares rose 0.1% on Friday . The stock traded as high as GBX 96.29 ($1.22) and last traded at GBX 94.70 ($1.20). Approximately 927,256 shares changed hands during trading, a decline of 41% from the average daily volume of 1,580,226 shares. The stock had previously closed at GBX 94.60 ($1.19).

Wall Street Analysts Forecast Growth

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

Helios Towers Stock Performance

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 firm's 50 day simple moving average is GBX 121.62 and its 200-day simple moving average is GBX 120.57. 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.

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.