Shravin Bharti Mittal Acquires 922 Shares of Airtel Africa Plc (LON:AAF) Stock

Airtel Africa Plc (LON:AAFGet Free Report) insider Shravin Bharti Mittal acquired 922 shares of the company’s stock in a transaction that occurred on Monday, March 25th. The stock was bought at an average price of GBX 100 ($1.26) per share, with a total value of £922 ($1,165.17).

Airtel Africa Stock Performance

Shares of Airtel Africa stock opened at GBX 104.80 ($1.32) on Thursday. The firm has a fifty day moving average of GBX 103.54 and a two-hundred day moving average of GBX 114.25. The stock has a market capitalization of £3.93 billion, a price-to-earnings ratio of 1,497.14, a PEG ratio of 0.58 and a beta of 1.01. Airtel Africa Plc has a 52 week low of GBX 90.20 ($1.14) and a 52 week high of GBX 135.80 ($1.72). The company has a debt-to-equity ratio of 156.18, a quick ratio of 0.26 and a current ratio of 0.58.

Wall Street Analyst Weigh In

AAF has been the subject of several research analyst reports. Barclays dropped their price objective on shares of Airtel Africa from GBX 170 ($2.15) to GBX 150 ($1.90) and set an “overweight” rating for the company in a research report on Tuesday, February 6th. JPMorgan Chase & Co. dropped their price objective on shares of Airtel Africa from GBX 130 ($1.64) to GBX 93 ($1.18) and set a “neutral” rating for the company in a research report on Tuesday, February 20th.

Read Our Latest Report on AAF

Airtel Africa Company Profile

(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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