Airtel Africa Plc (LON:AAF - Get Free Report) shares traded down 8.4% during mid-day trading on Thursday . The company traded as low as GBX 151.90 ($2.00) and last traded at GBX 156 ($2.06). 10,326,306 shares were traded during mid-day trading, a decline of 5% from the average session volume of 10,866,079 shares. The stock had previously closed at GBX 170.30 ($2.24).
Airtel Africa Stock Performance
The company has a current ratio of 0.47, a quick ratio of 0.26 and a debt-to-equity ratio of 275.30. The stock has a fifty day moving average price of GBX 159.27 and a 200-day moving average price of GBX 132.99. The firm has a market capitalization of £7.75 billion, a price-to-earnings ratio of -99.47, a PEG ratio of 0.58 and a beta of 1.04.
Insider Activity at Airtel Africa
In related news, insider Sunil Bharti Mittal bought 163,582,576 shares of Airtel Africa stock in a transaction dated Friday, February 21st. The shares were bought at an average cost of GBX 132 ($1.74) per share, for a total transaction of £215,929,000.32 ($284,491,436.52). 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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