Airtel Africa (OTC:AAFRF) Stock Price Up 9.1% – Here’s Why

Airtel Africa Plc (OTC:AAFRFGet Free Report) shares were up 9.1% on Tuesday . The stock traded as high as C$1.27 and last traded at C$1.27. Approximately 38,910 shares traded hands during trading, an increase of 201% from the average daily volume of 12,922 shares. The stock had previously closed at C$1.16.

Airtel Africa Price Performance

The company has a fifty day moving average price of C$1.42 and a two-hundred day moving average price of C$1.46.

Airtel Africa Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 8th will be issued a $0.026 dividend. The ex-dividend date is Friday, November 8th.

Airtel Africa Company Profile

(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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