Airtel Africa Plc (OTC:AAFRF – Get Free Report) dropped 6.8% during mid-day trading on Tuesday . The company traded as low as C$1.35 and last traded at C$1.37. Approximately 4,109 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 15,455 shares. The stock had previously closed at C$1.47.
Airtel Africa Stock Performance
The business’s 50 day moving average is C$1.28 and its two-hundred day moving average is C$1.40.
Airtel Africa Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 8th were paid a $0.026 dividend. The ex-dividend date of this dividend was Friday, November 8th.
About Airtel Africa
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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