Airtel Africa Plc (LON:AAF - Get Free Report)'s share price traded down 8.4% during trading on Friday . The stock traded as low as GBX 151.90 ($2.02) and last traded at GBX 156 ($2.08). 10,326,306 shares were traded during trading, a decline of 5% from the average session volume of 10,866,079 shares. The stock had previously closed at GBX 170.30 ($2.27).
Airtel Africa Price Performance
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 firm has a market cap of £8.01 billion, a PE ratio of -102.71, a price-to-earnings-growth ratio of 0.58 and a beta of 1.04. The firm has a 50-day simple moving average of GBX 159.80 and a 200 day simple moving average of GBX 133.37.
Insider Buying and Selling at Airtel Africa
In related news, insider Sunil Bharti Mittal purchased 163,582,576 shares of Airtel Africa stock in a transaction dated Friday, February 21st. The stock was purchased at an average cost of GBX 132 ($1.76) per share, for a total transaction of £215,929,000.32 ($287,368,911.79). Insiders own 72.58% of the company's stock.
Airtel Africa Company Profile
(
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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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