Airtel Africa (OTC:AAFRF) Trading 2.7% Higher – Should You Buy?

Shares of Airtel Africa Plc (OTC:AAFRFGet Free Report) were up 2.7% during trading on Wednesday . The stock traded as high as C$1.35 and last traded at C$1.35. Approximately 12,108 shares were traded during mid-day 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 Trading Up 2.7 %

The stock has a 50-day simple moving average of C$1.36 and a two-hundred day simple moving average of C$1.44.

Airtel Africa Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 8th will be paid a dividend of $0.026 per share. The ex-dividend date is Friday, November 8th.

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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