Helios Towers (LON:HTWS) Hits New 12-Month High – What’s Next?

Helios Towers plc (LON:HTWS) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 959.59 ($12.03) and last traded at GBX 959.59 ($12.03), with a volume of 1648439 shares changing hands. The stock had previously closed at GBX 95 ($1.19).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 195 ($2.44) target price on shares of Helios Towers in a report on Thursday, November 7th.

Helios Towers Trading Up 1.4 %

The company has a debt-to-equity ratio of 17,889.32, a current ratio of 1.24 and a quick ratio of 1.97. The stock has a market cap of £1.01 billion, a PE ratio of -1,605.00 and a beta of 0.50. The stock has a 50-day moving average price of GBX 126.46 and a two-hundred day moving average price of GBX 122.60.

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.