Airtel Africa (OTC:AAFRF) Stock Price Down 5.8% – Here’s What Happened

Airtel Africa Plc (OTC:AAFRFGet Free Report)’s share price dropped 5.8% during mid-day trading on Thursday . The company traded as low as C$1.61 and last traded at C$1.61. Approximately 24,444 shares changed hands during trading, an increase of 53% from the average daily volume of 15,930 shares. The stock had previously closed at C$1.71.

Analyst Ratings Changes

Separately, Barclays reaffirmed an “overweight” rating on shares of Airtel Africa in a report on Tuesday, February 4th.

View Our Latest Research Report on AAFRF

Airtel Africa Stock Performance

The business’s 50 day moving average is C$1.54 and its two-hundred day moving average is C$1.45.

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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