Airtel Africa Plc (OTC:AAFRF – Get Free Report) shares shot up 9.1% during mid-day trading on Tuesday . The company traded as high as C$1.27 and last traded at C$1.27. 38,910 shares changed hands during mid-day trading, an increase of 201% from the average session volume of 12,922 shares. The stock had previously closed at C$1.16.
Airtel Africa Stock Performance
The company has a 50 day moving average price of C$1.43 and a 200 day moving average price of C$1.47.
Airtel Africa Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 8th will be given a dividend of $0.026 per share. The ex-dividend date of this dividend is Friday, November 8th.
Airtel Africa Company Profile
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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