Airtel Africa Plc (LON:AAF - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 179.80 ($2.40) and last traded at GBX 179.40 ($2.40), with a volume of 2745677 shares trading hands. The stock had previously closed at GBX 177.20 ($2.37).
Airtel Africa Stock Performance
The business has a 50 day moving average of GBX 162.33 and a 200 day moving average of GBX 135.26. The company has a market capitalization of £8.28 billion, a P/E ratio of -106.24, 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.
Insider Activity at Airtel Africa
In other news, insider Sunil Bharti Mittal purchased 163,582,576 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was bought at an average cost of GBX 132 ($1.76) per share, with a total value of £215,929,000.32 ($288,405,236.17). 72.58% of the stock is owned by corporate insiders.
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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