Shares of MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report) saw an uptick in trading volume on Wednesday . 474,564 shares changed hands during trading, an increase of 1,461% from the previous session's volume of 30,400 shares.The stock last traded at $8.82 and had previously closed at $8.68.
Analyst Upgrades and Downgrades
A number of brokerages have commented on MTNOY. Citigroup raised shares of MTN Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, June 26th. Barclays reaffirmed an "underweight" rating on shares of MTN Group in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy".
View Our Latest Report on MTNOY
MTN Group Price Performance
The stock's fifty day moving average is $8.51 and its two-hundred day moving average is $7.49.
About MTN Group
(
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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