Airtel Africa (LON:AAF) Reaches New 12-Month High – Here’s Why

Airtel Africa Plc (LON:AAF) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 388.30 and last traded at GBX 384.20, with a volume of 11112718 shares. The stock had previously closed at GBX 383.

Airtel Africa Stock Down 0.3%

The firm has a market capitalization of £13.94 billion, a price-to-earnings ratio of 25.99, a P/E/G ratio of 0.58 and a beta of 0.48. The business has a 50 day simple moving average of GBX 347.44 and a 200-day simple moving average of GBX 316.18. The company has a debt-to-equity ratio of 222.95, a quick ratio of 0.26 and a current ratio of 0.56.

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.