Airtel Africa (LON:AAF) Insider Paul Arkwright Buys 10,000 Shares

Key Points

• Paul Arkwright, an insider at Airtel Africa, purchased 10,000 shares at an average price of GBX 228, totaling £22,800.
• Airtel Africa's stock is currently trading down by 2.0%, hitting GBX 223.80, with a market capitalization of £8.16 billion.
• The company operates across 14 African countries, providing integrated telecommunications and mobile money services.

Airtel Africa Plc (LON:AAF - ) insider Paul Arkwright acquired 10,000 shares of Airtel Africa stock in a transaction on Friday, September 12th. The shares were purchased at an average price of GBX 228 per share, for a total transaction of £22,800.

Airtel Africa Trading Down 2.0%

AAF traded down GBX 4.60 during trading on Monday, hitting GBX 223.80. 7,343,571 shares of the stock were exchanged, compared to its average volume of 7,771,359. The firm has a 50 day simple moving average of GBX 206.64 and a 200 day simple moving average of GBX 180.38. The firm has a market cap of £8.16 billion, a price-to-earnings ratio of 2,432.61, a P/E/G ratio of 0.58 and a beta of 1.04. Airtel Africa Plc has a 1 year low of GBX 93 and a 1 year high of GBX 230.20. The company has a debt-to-equity ratio of 275.30, a quick ratio of 0.26 and a current ratio of 0.47.

About Airtel Africa

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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