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MTN Group (OTCMKTS:MTNOY) Sets New 12-Month High - Time to Buy?

MTN Group logo with Computer and Technology background

MTN Group Limited (OTCMKTS:MTNOY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $7.72 and last traded at $7.61, with a volume of 5522 shares. The stock had previously closed at $7.43.

MTN Group Trading Down 2.1%

The stock's fifty day simple moving average is $6.49 and its 200-day simple moving average is $5.94.

MTN Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 24th. Shareholders of record on Friday, April 11th were issued a dividend of $0.1907 per share. The ex-dividend date of this dividend was Friday, April 11th. This is a positive change from MTN Group's previous dividend of $0.12.

MTN Group Company Profile

(Get Free Report)

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, digital and fintech, interconnect, and roaming services, as well as sells mobile devices.

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