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

Key Points

• Airtel Africa's stock price reached a new 52-week high of GBX 222.60 ($2.99) on Friday, with recent trading at GBX 218.40 ($2.93) and over 3.5 million shares exchanged.
• The company's market cap stands at £10.14 billion, with a concerning debt-to-equity ratio of 275.30 indicating high leverage.
• Airtel Africa operates in 14 African countries, providing comprehensive telecommunications services, including mobile voice, data, and mobile money services.

Airtel Africa Plc (LON:AAF - )'s stock price hit a new 52-week high on Friday . The company traded as high as GBX 222.60 ($2.99) and last traded at GBX 218.40 ($2.93), with a volume of 3507344 shares traded. The stock had previously closed at GBX 214.20 ($2.87).

Airtel Africa Price Performance

The firm's 50 day moving average price is GBX 192.36 and its two-hundred day moving average price is GBX 171.28. The company has a debt-to-equity ratio of 275.30, a current ratio of 0.47 and a quick ratio of 0.26. The stock has a market cap of £10.14 billion, a PE ratio of -130.12, 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.

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