Airtel Africa Plc (LON:AAF - Get Free Report) insider Sunil Bharti Mittal acquired 163,582,576 shares of Airtel Africa stock in a transaction that occurred on Friday, February 21st. The stock was acquired at an average cost of GBX 132 ($1.66) per share, with a total value of £215,929,000.32 ($272,156,541.87).
Airtel Africa Stock Down 0.5 %
Shares of AAF stock traded down GBX 0.70 ($0.01) during trading hours on Friday, reaching GBX 142.60 ($1.80). 5,838,329 shares of the company's stock were exchanged, compared to its average volume of 6,256,540. Airtel Africa Plc has a 1 year low of GBX 90.70 ($1.14) and a 1 year high of GBX 148.90 ($1.88). The company has a current ratio of 0.47, a quick ratio of 0.26 and a debt-to-equity ratio of 275.30. The stock has a market cap of £6.54 billion, a PE ratio of -83.88, a PEG ratio of 0.58 and a beta of 1.04. The stock's fifty day moving average price is GBX 129.42 and its two-hundred day moving average price is GBX 116.64.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. lifted their price objective on shares of Airtel Africa from GBX 121 ($1.53) to GBX 128 ($1.61) and gave the stock a "buy" rating in a research report on Wednesday, December 11th.
View Our Latest Analysis on AAF
About Airtel Africa
(
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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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