Shares of Airtel Africa Plc (LON:AAF - Get Free Report) fell 8.4% 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 changed hands 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 ($2.27).
Airtel Africa Stock Performance
The company has a market cap of £8.01 billion, a P/E ratio of -102.71, a P/E/G ratio of 0.58 and a beta of 1.04. The business has a fifty day simple moving average of GBX 159.80 and a two-hundred day simple moving average of GBX 133.37. The company has a quick ratio of 0.26, a current ratio of 0.47 and a debt-to-equity ratio of 275.30.
Insider Buying and Selling at Airtel Africa
In other Airtel Africa news, insider Sunil Bharti Mittal bought 163,582,576 shares of the company's stock in a transaction dated Friday, February 21st. The shares were 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). 72.58% of the stock is owned by company insiders.
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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