Airtel Africa (LON:AAF) Trading Up 9.2% – Still a Buy?

Airtel Africa Plc (LON:AAFGet Free Report)’s stock price was up 9.2% during trading on Tuesday . The company traded as high as GBX 432 and last traded at GBX 400.70. Approximately 14,567,684 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 40,087,559 shares. The stock had previously closed at GBX 367.

Airtel Africa Stock Performance

The company has a debt-to-equity ratio of 166.55, a current ratio of 0.58 and a quick ratio of 0.26. The stock has a market cap of £13.14 billion, a price-to-earnings ratio of 24.49, a P/E/G ratio of 0.58 and a beta of 0.48. The stock’s 50-day moving average is GBX 359.57 and its 200 day moving average is GBX 338.49.

Airtel Africa Company Profile

(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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