Airtel Africa (OTC:AAFRF) Shares Down 5.4% – Here’s Why

Shares of Airtel Africa Plc (OTC:AAFRFGet Free Report) were down 5.4% during trading on Tuesday . The company traded as low as C$2.70 and last traded at C$2.70. Approximately 3,454 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 6,661 shares. The stock had previously closed at C$2.86.

Airtel Africa Price Performance

The stock has a 50 day moving average of C$2.60 and a 200 day moving average of C$2.22.

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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