Helios Towers (LON:HTWS) Shares Down 0% – Should You Sell?

Helios Towers plc (LON:HTWS) was down 0% on Thursday . The stock traded as low as GBX 195.50 and last traded at GBX 197.49. 2,261,124 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 17,964,449 shares. The stock had previously closed at GBX 197.50.

Analyst Ratings Changes

HTWS has been the topic of a number of recent research reports. Berenberg Bank lifted their target price on Helios Towers from GBX 275 to GBX 295 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 285 price target on shares of Helios Towers in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Helios Towers currently has an average rating of “Buy” and an average price target of GBX 283.33.

Helios Towers Price Performance

The company has a debt-to-equity ratio of 5,608.54, a current ratio of 1.22 and a quick ratio of 1.97. The stock’s 50 day simple moving average is GBX 200.10 and its two-hundred day simple moving average is GBX 204.51. The stock has a market cap of £2.00 billion, a price-to-earnings ratio of 82.29 and a beta of 1.11.

Helios Towers Company Profile

Helios Towers is a leading independent telecommunications infrastructure company, having established one of the most extensive tower portfolios across Africa and the Middle East. It builds, owns and operates telecom passive infrastructure, providing services to mobile network operators.

Helios Towers owns and operates telecommunication tower sites in Tanzania, Democratic Republic of Congo, Congo Brazzaville, Ghana, South Africa, Senegal, Madagascar, Malawi and Oman.

Helios Towers pioneered the model in Africa of buying towers that were held by single operators and providing services utilising the tower infrastructure to the seller and other operators.