Airtel Africa Plc (LON:AAF - Get Free Report) insider Shravin Bharti Mittal acquired 688,175 shares of the stock in a transaction on Friday, November 22nd. The stock was purchased at an average cost of GBX 98 ($1.24) per share, with a total value of £674,411.50 ($854,984.15).
Shravin Bharti Mittal also recently made the following trade(s):
- On Wednesday, November 20th, Shravin Bharti Mittal bought 804,887 shares of Airtel Africa stock. The stock was purchased at an average price of GBX 96 ($1.22) per share, with a total value of £772,691.52 ($979,578.50).
Airtel Africa Stock Performance
Airtel Africa stock opened at GBX 105 ($1.33) on Thursday. Airtel Africa Plc has a 52 week low of GBX 90.20 ($1.14) and a 52 week high of GBX 132.50 ($1.68). The company has a current ratio of 0.52, a quick ratio of 0.26 and a debt-to-equity ratio of 180.85. The stock has a market cap of £3.87 billion, a P/E ratio of -3,500.00, a price-to-earnings-growth ratio of 0.58 and a beta of 1.04. The stock has a 50 day moving average of GBX 108.62 and a 200-day moving average of GBX 113.76.
Airtel Africa Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 7th will be given a $0.03 dividend. This represents a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, November 7th. Airtel Africa's payout ratio is currently -16,666.67%.
Wall Street Analysts Forecast Growth
The latest trend in real estate
From Pacaso | Ad
These vacation homes are often expensive to maintain and vacant 90% of the year. But thanks to co-ownership, they’re being transformed into fully utilized assets. And there’s one company that’s leading the charge – already welcoming over 1,500 happy homeowners into their co-ownership family, earning $100M in gross profits along the way.
Now, for the first time, this innovative company is opening its doors to public investors. Want to learn more about co-ownership and its potential? Check them out – but be aware: their share price is set to change December 5, so you don’t have long to maximize your stake.
Don’t miss your chance to maximize your stake in this co-ownership revolution.
Separately, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Airtel Africa from GBX 150 ($1.90) to GBX 155 ($1.97) and gave the company a "buy" rating in a research report on Monday, September 23rd.
Check Out Our Latest Stock Report on AAF
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
