Helios Towers plc (LON:HTWS) Insider Tom Greenwood Buys 76,180 Shares

Helios Towers plc (LON:HTWS) insider Tom Greenwood purchased 76,180 shares of Helios Towers stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of GBX 101 ($1.31) per share, with a total value of £76,941.80 ($99,459.41).

Helios Towers Price Performance

Shares of Helios Towers stock traded up GBX 3.20 ($0.04) during mid-day trading on Monday, reaching GBX 105.40 ($1.36). 1,411,061 shares of the stock traded hands, compared to its average volume of 3,892,263. The business has a 50-day moving average of GBX 93.94 and a 200 day moving average of GBX 107.01. Helios Towers plc has a fifty-two week low of GBX 79.10 ($1.02) and a fifty-two week high of GBX 134 ($1.73). The stock has a market capitalization of £1.40 billion, a PE ratio of -11.49 and a beta of 0.50. The company has a quick ratio of 1.97, a current ratio of 1.24 and a debt-to-equity ratio of -2,151.68.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 175 ($2.26) target price on shares of Helios Towers in a report on Thursday.

About Helios Towers

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.