Helios Towers (LON:HTWS) Hits New 52-Week High at $189.00

Shares of Helios Towers plc (LON:HTWS) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 189 ($2.47) and last traded at GBX 189 ($2.47), with a volume of 30866 shares traded. The stock had previously closed at GBX 185 ($2.42).

A number of equities analysts recently issued reports on the company. Citigroup reduced their target price on Helios Towers from GBX 205 ($2.68) to GBX 200 ($2.61) and set an “overweight” rating for the company in a research note on Monday, August 23rd. Jefferies Financial Group restated a “buy” rating and issued a GBX 225 ($2.94) target price on shares of Helios Towers in a research note on Friday, May 21st. Barclays reiterated an “overweight” rating and set a GBX 205 ($2.68) price objective on shares of Helios Towers in a research note on Friday, May 28th. Finally, Berenberg Bank lifted their price objective on Helios Towers from GBX 203 ($2.65) to GBX 224 ($2.93) and gave the company a “buy” rating in a research note on Monday, August 9th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 212.80 ($2.78).

The company has a debt-to-equity ratio of 588.12, a quick ratio of 3.01 and a current ratio of 3.18. The company has a 50 day moving average of GBX 168.24 and a two-hundred day moving average of GBX 167.51. The stock has a market cap of £1.94 billion and a PE ratio of -55.79.

Helios Towers Company Profile (LON:HTWS)

Helios Towers plc, an independent tower company, builds, acquires, and operates telecommunications towers and related passive infrastructure. It provides site space to mobile network operators and other telecommunications providers that in turn provide wireless voice and data services to consumers and businesses.

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