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Helios Towers Announces Share Disposal by Key Stakeholder

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Helios Towers Announces Share Disposal by Key Stakeholder

TipRanks Black Friday Sale

Helios Towers ( (GB:HTWS) ) has shared an announcement.

Helios Towers plc has announced a transaction involving the disposal of shares by Helios Holdings Limited, a person closely associated with Temitope Lawani, a director and person discharging managerial responsibilities at the company. The transaction involved the sale of 377,079 ordinary shares at a price of GBP 1.54 per share, totaling GBP 580,701.66, conducted on the London Stock Exchange. This notification is in compliance with the UK Market Abuse Regulation and highlights a significant financial maneuver by a key stakeholder, potentially impacting the company’s market perception and investor relations.

The most recent analyst rating on (GB:HTWS) stock is a Hold with a £182.00 price target. To see the full list of analyst forecasts on Helios Towers stock, see the GB:HTWS Stock Forecast page.

Spark’s Take on GB:HTWS Stock

According to Spark, TipRanks’ AI Analyst, GB:HTWS is a Neutral.

Helios Towers’ stock score is primarily driven by its strong technical momentum, despite high valuation concerns. The company’s financial performance is mixed, with strong operational efficiency but high leverage and negative revenue growth. The absence of a dividend yield further impacts the valuation score negatively. The positive sentiment from the earnings call is not factored into the score due to its exclusion from the weighted calculation.

To see Spark’s full report on GB:HTWS stock, click here.

More about Helios Towers

Average Trading Volume: 2,750,079

Technical Sentiment Signal: Buy

Current Market Cap: £1.71B

Learn more about HTWS stock on TipRanks’ Stock Analysis page.

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