Helios Towers (LON:HTWS) Reaches New 1-Year High – Should You Buy?

Helios Towers plc (LON:HTWS) shares reached a new 52-week high during trading on Friday . The company traded as high as GBX 959.59 ($12.08) and last traded at GBX 959.59 ($12.08), with a volume of 1648439 shares changing hands. The stock had previously closed at GBX 95 ($1.20).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 195 ($2.45) target price on shares of Helios Towers in a research report on Thursday, November 7th.

Helios Towers Stock Performance

The stock has a 50-day moving average of GBX 109.50 and a 200 day moving average of GBX 116.63. The firm has a market capitalization of £10.08 billion, a P/E ratio of -1,583.33 and a beta of 0.50. 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.

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.