Helios Towers (OTCMKTS:HTWSF) Shares Up 6% – Should You Buy?

Helios Towers plc (OTCMKTS:HTWSFGet Free Report) shot up 6% on Tuesday . The company traded as high as $2.84 and last traded at $2.84. Approximately 1,000 shares were traded during trading, a decline of 90% from the average daily volume of 9,749 shares. The stock had previously closed at $2.68.

Helios Towers Stock Performance

The stock’s 50-day simple moving average is $2.73 and its 200 day simple moving average is $2.76.

About Helios Towers

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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.

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