Airtel Africa (LON:AAF) Reaches New 1-Year High - Time to Buy?

Airtel Africa Plc (LON:AAF - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 190 ($2.55) and last traded at GBX 188.70 ($2.53), with a volume of 535426 shares traded. The stock had previously closed at GBX 188 ($2.52).

Airtel Africa Stock Down 0.6%

The business has a fifty day moving average of GBX 178.50 and a 200 day moving average of GBX 157.37. The stock has a market cap of £8.57 billion, a price-to-earnings ratio of -109.94, a P/E/G 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.

Airtel Africa Company Profile

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.