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

Airtel Africa logo with Communication Services background

Shares of Airtel Africa Plc (LON:AAF - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 183.70 ($2.49) and last traded at GBX 182.50 ($2.47), with a volume of 1354377 shares changing hands. The stock had previously closed at GBX 177.80 ($2.41).

Airtel Africa Price Performance

The firm has a market capitalization of £8.43 billion, a PE ratio of -108.12, a PEG ratio of 0.58 and a beta of 1.04. The company has a quick ratio of 0.26, a current ratio of 0.47 and a debt-to-equity ratio of 275.30. The stock has a 50-day moving average price of GBX 166.92 and a 200 day moving average price of GBX 141.47.

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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