Airtel Africa (OTC:AAFRF) Shares Up 12.6% – Time to Buy?

Airtel Africa Plc (OTC:AAFRFGet Free Report)’s stock price rose 12.6% during mid-day trading on Wednesday . The company traded as high as C$1.51 and last traded at C$1.51. Approximately 3,961 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 12,762 shares. The stock had previously closed at C$1.35.

Airtel Africa Stock Performance

The firm’s 50-day simple moving average is C$1.48 and its 200 day simple moving average is C$1.47.

About Airtel Africa

(Get Free Report)

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.

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