Airtel Africa (LON:AAF) Stock Price Up 1% – Here’s Why

Airtel Africa Plc (LON:AAF) shares traded up 1% during trading on Tuesday . The stock traded as high as GBX 362.60 and last traded at GBX 360.69. 2,857,158 shares changed hands during trading, a decline of 75% from the average session volume of 11,518,891 shares. The stock had previously closed at GBX 357.

Airtel Africa Trading Down 1.8%

The company has a quick ratio of 0.26, a current ratio of 0.47 and a debt-to-equity ratio of 275.30. The company has a market cap of £12.91 billion, a price-to-earnings ratio of 26.22, a PEG ratio of 0.58 and a beta of 1.04. The firm has a 50 day moving average price of GBX 335.45 and a two-hundred day moving average price of GBX 267.75.

Insiders Place Their Bets

In other Airtel Africa news, insider Liisa Annika Poutiainen sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of GBX 278, for a total transaction of £8,340. Corporate insiders own 24.89% of the company’s stock.

About Airtel Africa

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.