Airtel Africa (OTC:AAFRF) Shares Up 15.4% – Still a Buy?

Airtel Africa Plc (OTC:AAFRFGet Free Report) shot up 15.4% on Wednesday . The stock traded as high as C$1.65 and last traded at C$1.65. 1,375 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 25,434 shares. The stock had previously closed at C$1.43.

Airtel Africa Price Performance

The company has a 50-day simple moving average of C$1.35 and a 200 day simple moving average of C$1.40.

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.

Further Reading

Receive News & Ratings for Airtel Africa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airtel Africa and related companies with MarketBeat.com's FREE daily email newsletter.