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Airtel Africa (LON:AAF) Reaches New 52-Week High - What's Next?

Airtel Africa logo with Communication Services background

Airtel Africa Plc (LON:AAF - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 197.60 ($2.66) and last traded at GBX 191 ($2.57), with a volume of 1869207 shares trading hands. The stock had previously closed at GBX 183.10 ($2.46).

Airtel Africa Stock Up 1.6%

The stock has a market cap of £9.09 billion, a PE ratio of -116.59, a price-to-earnings-growth 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's 50-day moving average price is GBX 180.60 and its 200 day moving average price is GBX 160.98.

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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