Helios Towers plc (LON:HTWS) Insider Purchases £76,941.80 in Stock

Helios Towers plc (LON:HTWS) insider Tom Greenwood purchased 76,180 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average cost of GBX 101 ($1.31) per share, with a total value of £76,941.80 ($100,093.40).

Helios Towers Stock Down 0.6 %

Shares of HTWS opened at GBX 105.80 ($1.38) on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.97 and a debt-to-equity ratio of -2,151.68. The stock has a market capitalization of £1.40 billion, a PE ratio of -11.54 and a beta of 0.50. The firm’s 50 day moving average is GBX 94.77 and its 200-day moving average is GBX 106.85. Helios Towers plc has a 12 month low of GBX 81 ($1.05) and a 12 month high of GBX 134 ($1.74).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 175 ($2.28) target price on shares of Helios Towers in a report on Thursday, March 13th.

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.