Airtel Africa (OTC:AAFRF) Stock Price Down 6.8% – Should You Sell?

Shares of Airtel Africa Plc (OTC:AAFRFGet Free Report) fell 6.8% on Tuesday . The stock traded as low as C$1.35 and last traded at C$1.37. 4,109 shares were traded during trading, a decline of 73% from the average session volume of 15,455 shares. The stock had previously closed at C$1.47.

Airtel Africa Price Performance

The stock has a fifty day simple moving average of C$1.28 and a 200-day simple moving average of C$1.40.

Airtel Africa Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 8th were paid a $0.026 dividend. The ex-dividend date was 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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