Helios Towers (LON:HTWS) Stock Price Up 0.2% - Here's Why

Helios Towers plc (LON:HTWS - Get Free Report) was up 0.2% during mid-day trading on Friday . The company traded as high as GBX 108.40 ($1.42) and last traded at GBX 108.20 ($1.42). Approximately 676,235 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 1,669,334 shares. The stock had previously closed at GBX 108 ($1.41).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 265 ($3.47) price objective 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 has a market capitalization of £1.14 billion, a PE ratio of -1,803.33 and a beta of 0.50. The firm has a 50 day moving average price of GBX 114.90 and a 200-day moving average price of GBX 113.85.

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.

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