Airtel Africa (LON:AAF) Shares Up 0.7% – Here’s Why

Airtel Africa Plc (LON:AAF)’s stock price shot up 0.7% during trading on Thursday . The stock traded as high as GBX 359 and last traded at GBX 353.34. 3,023,743 shares were traded during trading, a decline of 92% from the average session volume of 39,880,180 shares. The stock had previously closed at GBX 350.80.

Airtel Africa Trading Down 0.3%

The company has a current ratio of 0.56, a quick ratio of 0.26 and a debt-to-equity ratio of 222.95. The stock has a market capitalization of £12.89 billion, a P/E ratio of 24.04, a P/E/G ratio of 0.58 and a beta of 0.48. The business’s fifty day simple moving average is GBX 356.30 and its two-hundred day simple moving average is GBX 329.77.

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.