Shares of Airtel Africa Plc (LON:AAF - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 174.70 ($2.32) and last traded at GBX 174.70 ($2.32), with a volume of 5154272 shares traded. The stock had previously closed at GBX 169.10 ($2.25).
Airtel Africa Stock Performance
The company has a market capitalization of £8.01 billion, a P/E ratio of -102.76, a PEG ratio of 0.58 and a beta of 1.04. The company has a debt-to-equity ratio of 275.30, a current ratio of 0.47 and a quick ratio of 0.26. The company has a fifty day moving average price of GBX 159.80 and a two-hundred day moving average price of GBX 133.37.
Insiders Place Their Bets
In related news, insider Sunil Bharti Mittal purchased 163,582,576 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were purchased at an average cost of GBX 132 ($1.76) per share, for a total transaction of £215,929,000.32 ($287,368,911.79). Corporate insiders own 72.58% of the company's stock.
About Airtel Africa
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Airtel Africa, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Airtel Africa wasn't on the list.
While Airtel Africa currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
