Airtel Africa (OTC:AAFRF) Stock Price Up 2.7% – Should You Buy?

Airtel Africa Plc (OTC:AAFRFGet Free Report)’s share price was up 2.7% during mid-day trading on Wednesday . The company traded as high as C$1.35 and last traded at C$1.35. Approximately 12,108 shares were traded during trading, a decline of 10% from the average daily volume of 13,391 shares. The stock had previously closed at C$1.31.

Airtel Africa Price Performance

The company’s fifty day simple moving average is C$1.35 and its 200 day simple moving average is C$1.44.

Airtel Africa Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 8th will be paid a $0.026 dividend. The ex-dividend date of this dividend is Friday, November 8th.

Airtel Africa Company Profile

(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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