Airtel Africa (LON:AAF) Sets New 52-Week High – Here’s What Happened

Airtel Africa Plc (LON:AAF)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 370 and last traded at GBX 365.60, with a volume of 253374625 shares. The stock had previously closed at GBX 361.60.

Airtel Africa Price Performance

The company has a debt-to-equity ratio of 275.30, a quick ratio of 0.26 and a current ratio of 0.47. The firm has a market cap of £13.60 billion, a P/E ratio of 27.63, a price-to-earnings-growth ratio of 0.58 and a beta of 1.04. The business has a 50-day simple moving average of GBX 317.88 and a 200 day simple moving average of GBX 249.51.

Insider Buying and Selling

In related news, insider Liisa Annika Poutiainen sold 3,000 shares of Airtel Africa stock in a transaction on Thursday, October 30th. The shares were sold at an average price of GBX 278, for a total value of £8,340. 24.89% of the stock is owned by insiders.

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.