Airtel Africa (OTC:AAFRF) Shares Up 14.2% – What’s Next?

Airtel Africa Plc (OTC:AAFRFGet Free Report)’s stock price traded up 14.2% during mid-day trading on Friday . The company traded as high as C$2.17 and last traded at C$2.17. 4,895 shares were traded during trading, a decline of 61% from the average session volume of 12,600 shares. The stock had previously closed at C$1.90.

Analysts Set New Price Targets

Separately, Barclays reissued an “overweight” rating on shares of Airtel Africa in a report on Tuesday, February 4th.

Read Our Latest Research Report on AAFRF

Airtel Africa Price Performance

The stock’s 50 day moving average price is C$1.69 and its 200-day moving average price is C$1.49.

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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