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Airtel Africa (LON:AAF) Sets New 52-Week High - Here's Why

Airtel Africa logo with Communication Services background

Airtel Africa Plc (LON:AAF - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 186.70 ($2.52) and last traded at GBX 186.53 ($2.52), with a volume of 678673 shares changing hands. The stock had previously closed at GBX 183.90 ($2.48).

Airtel Africa Stock Performance

The company has a market capitalization of £8.51 billion, a PE ratio of -109.18, a PEG ratio of 0.58 and a beta of 1.04. The company has a debt-to-equity ratio of 275.30, a quick ratio of 0.26 and a current ratio of 0.47. The company has a 50 day moving average price of GBX 177.03 and a 200 day moving average price of GBX 155.65.

Airtel Africa Company Profile

(Get Free Report)

Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa. Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.

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