Helios Towers (OTCMKTS:HTWSF) Trading 7% Higher – Should You Buy?

Helios Towers plc (OTCMKTS:HTWSFGet Free Report)’s stock price was up 7% during trading on Wednesday . The company traded as high as $2.75 and last traded at $2.75. Approximately 15,100 shares traded hands during trading, an increase of 44% from the average session volume of 10,457 shares. The stock had previously closed at $2.57.

Analysts Set New Price Targets

Separately, Morgan Stanley reissued an “overweight” rating on shares of Helios Towers in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Check Out Our Latest Research Report on Helios Towers

Helios Towers Stock Up 7.0%

The business’s 50 day simple moving average is $2.93 and its 200-day simple moving average is $2.68.

Helios Towers Company Profile

(Get Free Report)

Helios Towers is a leading independent telecommunications tower company that develops, owns and operates mobile infrastructure across key emerging markets. The company’s core business involves building and managing shared passive infrastructure, including tower sites, rooftop installations and related equipment shelters. By leasing space on its towers to multiple mobile network operators, Helios Towers enables its customers to expand network coverage, enhance service quality and optimize capital expenditure.

Founded in 2007 and headquartered in London, Helios Towers has grown through a combination of greenfield developments and acquisitions.

Further Reading

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