Shares of Millicom International Cellular SA (NASDAQ:MIICF) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Zacks has also assigned Millicom International Cellular SA an industry rank of 45 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research raised shares of Millicom International Cellular SA from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 5th.

Shares of Millicom International Cellular SA (NASDAQ MIICF) traded up 3.15% during trading on Friday, reaching $66.15. 11,987 shares of the company traded hands. The firm’s 50 day moving average price is $62.36 and its 200-day moving average price is $57.89. Millicom International Cellular SA has a 52 week low of $38.75 and a 52 week high of $66.18. The company’s market capitalization is $6.65 billion.

Millicom International Cellular SA (NASDAQ:MIICF) last announced its earnings results on Wednesday, July 19th. The technology company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.43 by $0.21. Millicom International Cellular SA had a negative return on equity of 5.10% and a negative net margin of 5.63%. The business had revenue of $1.05 billion for the quarter. Equities analysts anticipate that Millicom International Cellular SA will post $1.26 EPS for the current fiscal year.

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Millicom International Cellular SA Company Profile

Millicom International Cellular SA is an international telecommunications and media company. The Company is engaged in providing digital lifestyle services in various markets, through mobile and fixed telephony, cable, broadband and television. Its segments include Latin America and Africa. It operates its mobile businesses in Central America (El Salvador) and in Africa (Chad, Ghana, Rwanda, Senegal and Tanzania).

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