Airtel Africa (OTC:AAFRF) Stock Price Down 0.2% – Should You Sell?

Airtel Africa Plc (OTC:AAFRFGet Free Report)’s share price traded down 0.2% during trading on Friday . The stock traded as low as C$4.09 and last traded at C$4.09. 840 shares were traded during mid-day trading, a decline of 82% from the average session volume of 4,741 shares. The stock had previously closed at C$4.10.

Analyst Ratings Changes

A number of research analysts have issued reports on AAFRF shares. HSBC raised Airtel Africa from a “hold” rating to a “buy” rating in a report on Friday, August 22nd. Barclays reiterated an “overweight” rating on shares of Airtel Africa in a report on Friday, August 29th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.

View Our Latest Research Report on AAFRF

Airtel Africa Stock Performance

The business’s 50 day moving average price is C$3.48 and its 200 day moving average price is C$2.97.

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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