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Airtel Africa (LON:AAF) Stock Price Up 2.2% - Here's What Happened

Airtel Africa logo with Communication Services background

Airtel Africa Plc (LON:AAF - Get Free Report) was up 2.2% on Tuesday . The company traded as high as GBX 176.50 ($2.42) and last traded at GBX 175.49 ($2.41). 17,009,551 shares traded hands during mid-day trading, an increase of 83% from the average daily volume of 9,276,414 shares. The stock had previously closed at GBX 171.70 ($2.36).

Airtel Africa Stock Performance

The firm has a market capitalization of £8.11 billion, a P/E ratio of -104.03, a price-to-earnings-growth ratio of 0.58 and a beta of 1.04. The company has a 50-day moving average of GBX 173.72 and a 200-day moving average of GBX 149.70. The company has a current ratio of 0.47, a quick ratio of 0.26 and a debt-to-equity ratio of 275.30.

About Airtel Africa

(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.

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