Airtel Africa (OTC:AAFRF) Trading Down 6.4% – Time to Sell?

Airtel Africa Plc (OTC:AAFRFGet Free Report)’s share price traded down 6.4% during mid-day trading on Tuesday . The company traded as low as C$2.19 and last traded at C$2.19. 407 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 8,810 shares. The stock had previously closed at C$2.34.

Wall Street Analyst Weigh In

Separately, Barclays restated an “overweight” rating on shares of Airtel Africa in a research note on Tuesday, February 4th.

View Our Latest Research Report on Airtel Africa

Airtel Africa Stock Down 6.4 %

The stock has a 50 day moving average of C$2.08 and a 200-day moving average of C$1.66.

About Airtel Africa

(Get Free Report)

Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers.

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