Airtel Africa (OTC:AAFRF) Trading Up 2.7% – What’s Next?

Airtel Africa Plc (OTC:AAFRFGet Free Report) was up 2.7% during mid-day trading on Wednesday . The company traded as high as C$1.35 and last traded at C$1.35. Approximately 12,108 shares traded hands during trading, a decline of 10% from the average daily volume of 13,391 shares. The stock had previously closed at C$1.31.

Airtel Africa Stock Up 2.4 %

The stock’s 50 day moving average price is C$1.35 and its 200-day moving average price is C$1.44.

Airtel Africa Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Investors 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.

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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