Airtel Africa (LON:AAF) Trading Down 5.2%

Shares of Airtel Africa Plc (LON:AAF) traded down 5.2% during trading on Wednesday . The company traded as low as GBX 105.80 ($1.39) and last traded at GBX 110 ($1.45). 8,417,639 shares were traded during mid-day trading, an increase of 178% from the average session volume of 3,027,375 shares. The stock had previously closed at GBX 116 ($1.53).

Airtel Africa Price Performance

The company has a market cap of £4.17 billion, a price-to-earnings ratio of -3,717.93, a price-to-earnings-growth ratio of 0.58 and a beta of 1.04. The company has a current ratio of 0.52, a quick ratio of 0.26 and a debt-to-equity ratio of 180.85. The company has a fifty day moving average price of GBX 114.42 and a two-hundred day moving average price of GBX 110.86.

Airtel Africa Company Profile

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.