Free Trial

Airtel Africa (LON:AAF) Reaches New 52-Week High - Should You Buy?

Airtel Africa logo with Communication Services background

Key Points

  • Airtel Africa's share price reached a new 52-week high of GBX 200.40 ($2.68) on Wednesday, with a closing price of GBX 198.20 ($2.65) and a trading volume of 1,804,781 shares.
  • The company has a significant debt-to-equity ratio of 275.30 and a market capitalization of £9.08 billion, indicating potential financial risk alongside growth prospects.
  • Airtel Africa operates in 14 African countries, providing a range of telecommunications solutions and focusing on enhancing customer experience through streamlined services.
  • Looking to export and analyze Airtel Africa data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Airtel Africa Plc (LON:AAF - Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 200.40 ($2.66) and last traded at GBX 198.20 ($2.63), with a volume of 1804781 shares traded. The stock had previously closed at GBX 198.20 ($2.63).

Airtel Africa Stock Up 0.7%

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 has a market cap of £9.43 billion, a price-to-earnings ratio of -120.94, a price-to-earnings-growth ratio of 0.58 and a beta of 1.04. The stock's fifty day moving average is GBX 182.67 and its two-hundred day moving average is GBX 163.58.

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.

Read More

Should You Invest $1,000 in Airtel Africa Right Now?

Before you consider Airtel Africa, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Airtel Africa wasn't on the list.

While Airtel Africa currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines