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

Airtel Africa logo with Communication Services background

Airtel Africa Plc (LON:AAF - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 179.80 ($2.43) and last traded at GBX 179.40 ($2.43), with a volume of 2745677 shares. The stock had previously closed at GBX 177.20 ($2.40).

Airtel Africa Stock Performance

The company has a market cap of £8.23 billion, a P/E ratio of -105.65, a price-to-earnings-growth 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 164.46 and a two-hundred day moving average price of GBX 137.21.

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.

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