How to buy Millicom International Cellular S-A stock

Millicom International Cellular S.A is a telecom services business based in the US. Millicom International Cellular S-A shares (TIGO) are listed on the NASDAQ and all prices are listed in US Dollars. Millicom International Cellular S-A employs 21,000 staff and has a trailing 12-month revenue of around USD$4.2 billion.

How to buy shares in Millicom International Cellular S-A

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Millicom International Cellular S-A. Find the stock by name or ticker symbol: TIGO. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Millicom International Cellular S-A reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Millicom International Cellular S-A, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Millicom International Cellular S-A. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Millicom International Cellular S-A share price

Use our graph to track the performance of TIGO stocks over time.

Millicom International Cellular S-A shares at a glance

• Key figures

Information last updated 2021-02-23.

52-week range	USD$20.15 - USD$47.8
50-day moving average	USD$38.0452
200-day moving average	USD$34.3434
Wall St. target price	USD$47.85
PE ratio	29.8261
Dividend yield	USD$1 (2.7%)
Earnings per share (TTM)	USD$0.138

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Is it a good time to buy Millicom International Cellular S-A stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Millicom International Cellular S.A by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Millicom International Cellular S-A financials

Revenue TTM	USD$4.2 billion
Operating margin TTM	6.11%
Gross profit TTM	USD$3 billion
Return on assets TTM	1.26%
Return on equity TTM	-15.06%
Profit margin	-8.25%
Book value	$20.343
Market capitalisation	USD$3.7 billion

TTM: trailing 12 months

Shorting Millicom International Cellular S-A shares

There are currently 154,749 Millicom International Cellular S-A shares held short by investors – that's known as Millicom International Cellular S-A's "short interest". This figure is 8.4% down from 168,953 last month.

There are a few different ways that this level of interest in shorting Millicom International Cellular S-A shares can be evaluated.

Millicom International Cellular S-A's "short interest ratio" (SIR)

Millicom International Cellular S-A's "short interest ratio" (SIR) is the quantity of Millicom International Cellular S-A shares currently shorted divided by the average quantity of Millicom International Cellular S-A shares traded daily (recently around 61165.612648221). Millicom International Cellular S-A's SIR currently stands at 2.53. In other words for every 100,000 Millicom International Cellular S-A shares traded daily on the market, roughly 2530 shares are currently held short.

However Millicom International Cellular S-A's short interest can also be evaluated against the total number of Millicom International Cellular S-A shares, or, against the total number of tradable Millicom International Cellular S-A shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Millicom International Cellular S-A's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Millicom International Cellular S-A shares in existence, roughly 0 shares are currently held short) or 0.0015% of the tradable shares (for every 100,000 tradable Millicom International Cellular S-A shares, roughly 2 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Millicom International Cellular S-A.

Find out more about how you can short Millicom International Cellular S-A stock.

Millicom International Cellular S-A share price volatility

Over the last 12 months, Millicom International Cellular S-A's shares have ranged in value from as little as $20.15 up to $47.8. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Millicom International Cellular S-A's is 0.9082. This would suggest that Millicom International Cellular S-A's shares are less volatile than average (for this exchange).

Millicom International Cellular S-A overview

Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also fixed services, including broadband, fixed voice, and pay-TV to residential consumers; and mobile, fixed, and value-added services to large, small, and medium businesses, as well as governmental entities. As of December 31, 2019, the company served 37.1 million business-to-consumer mobile customers; and 4.3 million connected homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.

Frequently asked questions

• What percentage of Millicom International Cellular S-A is owned by insiders or institutions?

  Currently 0.362% of Millicom International Cellular S-A shares are held by insiders and 7.76% by institutions.

• How many people work for Millicom International Cellular S-A?

  Latest data suggests 21,000 work at Millicom International Cellular S-A.

• When does the fiscal year end for Millicom International Cellular S-A?

  Millicom International Cellular S-A's fiscal year ends in December.

• Where is Millicom International Cellular S-A based?

  Millicom International Cellular S-A's address is: 2, Rue du Fort Bourbon, Luxembourg, Luxembourg, 1249

• What is Millicom International Cellular S-A's ISIN number?

  Millicom International Cellular S-A's international securities identification number is: LU0038705702

• What is Millicom International Cellular S-A's CUSIP number?

  Millicom International Cellular S-A's Committee on Uniform Securities Identification Procedures number is: L6388F102