Millicom Worldwide Mobile S.A. (NASDAQ:TIGO – Get Rating) noticed a big development in brief curiosity through the month of December. As of December fifteenth, there was quick curiosity totalling 360,100 shares, a development of 35.3% from the November thirtieth whole of 266,100 shares. Primarily based on a mean buying and selling quantity of 175,100 shares, the days-to-cover ratio is at the moment 2.1 days.
Millicom Worldwide Mobile Inventory Up 1.9 %
Shares of NASDAQ:TIGO opened at $12.88 on Friday. The agency has a 50 day easy transferring common of $12.78 and a 200-day easy transferring common of $13.44. Millicom Worldwide Mobile has a twelve month low of $10.22 and a twelve month excessive of $29.66. The corporate has a market capitalization of $1.31 billion, a PE ratio of 1.70 and a beta of 0.99. The corporate has a present ratio of 1.03, a fast ratio of 0.99 and a debt-to-equity ratio of 1.88.
Millicom Worldwide Mobile (NASDAQ:TIGO – Get Rating) final launched its quarterly earnings outcomes on Thursday, October twenty seventh. The know-how firm reported ($0.20) EPS for the quarter. Millicom Worldwide Mobile had a internet margin of 13.65% and a return on fairness of 20.35%. The enterprise had income of $1.39 billion through the quarter.
Institutional Buying and selling of Millicom Worldwide Mobile
A number of institutional traders and hedge funds have lately purchased and offered shares of the enterprise. Advisor Group Holdings Inc. raised its place in Millicom Worldwide Mobile by 261.5% within the 1st quarter. Advisor Group Holdings Inc. now owns 1,128 shares of the know-how firm’s inventory valued at $28,000 after buying an extra 816 shares over the last quarter. IFP Advisors Inc acquired a brand new place in Millicom Worldwide Mobile within the third quarter valued at $64,000. Envestnet Asset Administration Inc. elevated its stake in Millicom Worldwide Mobile by 13.0% within the third quarter. Envestnet Asset Administration Inc. now owns 13,279 shares of the know-how firm’s inventory valued at $152,000 after shopping for an extra 1,530 shares through the interval. Goldman Sachs Group Inc. elevated its stake in Millicom Worldwide Mobile by 2.1% within the 2nd quarter. Goldman Sachs Group Inc. now owns 83,571 shares of the know-how firm’s inventory valued at $1,201,000 after shopping for an extra 1,735 shares through the interval. Lastly, Bridgewater Associates LP elevated its stake in Millicom Worldwide Mobile by 3.5% within the 2nd quarter. Bridgewater Associates LP now owns 57,936 shares of the know-how firm’s inventory valued at $833,000 after shopping for an extra 1,981 shares through the interval. Hedge funds and different institutional traders personal 18.68% of the corporate’s inventory.
Wall Road Analysts Forecast Development
Individually, HSBC upgraded shares of Millicom Worldwide Mobile from a “cut back” score to a “maintain” score in a analysis report on Monday, November 14th. Three analysts have rated the inventory with a maintain score and two have given a purchase score to the corporate. In response to knowledge from MarketBeat.com, Millicom Worldwide Mobile has a mean score of “Maintain” and a consensus goal value of $18.70.
Millicom Worldwide Mobile Firm Profile
Millicom Worldwide Mobile SA gives cable and cellular companies in Latin America and Africa. The corporate gives cellular companies, together with cellular knowledge and voice; quick message service; and cellular monetary companies, equivalent to funds, cash transfers, worldwide remittances, financial savings, real-time loans, and micro-insurance.
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