Airtel Africa (LON:AAF) Sets New 12-Month High - What's Next?

Key Points

• Airtel Africa Plc reached a new 52-week high, trading at GBX 215 ($2.89) with a total volume of 474,738 shares on Tuesday.
• The company's financial metrics indicate a debt-to-equity ratio of 275.30 and a market capitalization of £9.93 billion, though it currently reports a negative P/E ratio of -127.41.
• Airtel Africa operates in 14 African countries, providing a range of telecommunications services including mobile voice, data, and mobile money solutions.

Airtel Africa Plc (LON:AAF - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 216 ($2.92) and last traded at GBX 215 ($2.91), with a volume of 474738 shares. The stock had previously closed at GBX 212 ($2.87).

Airtel Africa Stock Performance

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 company has a 50-day moving average price of GBX 187.85 and a 200-day moving average price of GBX 168.06. The firm has a market capitalization of £10.10 billion, a price-to-earnings ratio of -129.53, a P/E/G ratio of 0.58 and a beta of 1.04.

Airtel Africa Company Profile

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.