Airtel Africa (LON:AAF) Stock Price Up 1% – Here’s Why

Shares of Airtel Africa Plc (LON:AAF) traded up 1% during trading on Tuesday . The stock traded as high as GBX 362.60 and last traded at GBX 360.69. 2,857,158 shares traded hands during trading, a decline of 75% from the average session volume of 11,518,891 shares. The stock had previously closed at GBX 357.

Airtel Africa Stock Down 1.8%

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’s 50-day moving average is GBX 335.45 and its 200-day moving average is GBX 267.75. The company has a market cap of £12.91 billion, a price-to-earnings ratio of 26.22, a P/E/G ratio of 0.58 and a beta of 1.04.

Insider Buying and Selling at Airtel Africa

In other news, insider Liisa Annika Poutiainen sold 3,000 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of GBX 278, for a total transaction of £8,340. Corporate insiders own 24.89% of the company’s stock.

Airtel Africa Company Profile

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.