Airtel Africa (OTC:AAFRF) Trading Up 14.2% – What’s Next?

Airtel Africa Plc (OTC:AAFRFGet Free Report) shares were up 14.2% on Friday . The company traded as high as C$2.17 and last traded at C$2.17. Approximately 4,895 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 12,600 shares. The stock had previously closed at C$1.90.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on Airtel Africa

Airtel Africa Stock Performance

The stock’s 50 day moving average is C$1.69 and its 200-day moving average is C$1.49.

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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