Millicom International Cellular S.A (TIGO) concluded trading on Wednesday at a closing price of $30.65, with 2.85 million shares of worth about $87.25 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.81% during that period and on April 16, 2025 the price saw a gain of about 2.71%. Currently the company’s common shares owned by public are about 170.24M shares, out of which, 97.78M shares are available for trading.
Stock saw a price change of 11.13% in past 5 days and over the past one month there was a price change of -1.54%. Year-to-date (YTD), TIGO shares are showing a performance of 22.55% which increased to 55.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.50 but also hit the highest price of $31.63 during that period. The average intraday trading volume for Millicom International Cellular S.A shares is 853.12K. The stock is currently trading 4.45% above its 20-day simple moving average (SMA20), while that difference is up 7.81% for SMA50 and it goes to 15.01% higher than SMA200.
Millicom International Cellular S.A (NASDAQ: TIGO) currently have 170.24M outstanding shares and institutions hold larger chunk of about 7.11% of that.
The stock has a current market capitalization of $5.27B and its 3Y-monthly beta is at 1.03. PE ratio of stock for trailing 12 months is 20.99, while it has posted earnings per share of $1.46 in the same period. Its PEG reads 1.00 and has Quick Ratio of 0.70 while making debt-to-equity ratio of 1.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TIGO, volatility over the week remained 4.90% while standing at 3.99% over the month.
Stock’s fiscal year EPS is expected to rise by 25.25% while it is estimated to increase by 20.46% in next year. EPS is likely to grow at an annualized rate of 21.05% for next 5-years, compared to annual growth of 20.47% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on January 29, 2025 offering an Equal-weight rating for the stock and assigned a target price of $32 to it. Coverage by HSBC Securities stated Millicom International Cellular S.A (TIGO) stock as a Buy in their note to investors on January 22, 2025, suggesting a price target of $34 for the stock. On September 20, 2024, Scotiabank Upgrade their recommendations, while on September 06, 2024, JP Morgan Resumed their ratings for the stock with a price target of $35. Stock get a Buy rating from UBS on August 15, 2024.
