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

Airtel Africa Plc (LON:AAFGet Free Report)’s stock price was up 9.2% during mid-day trading on Tuesday . The stock 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 Price Performance

The firm has a market capitalization of £15.00 billion, a PE ratio of 27.97, a PEG ratio of 0.58 and a beta of 0.48. 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 firm has a 50-day simple moving average of GBX 358.21 and a 200-day simple moving average of GBX 336.24.

About Airtel Africa

(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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