MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 75,258 shares changed hands during mid-day trading, an increase of 160% from the previous session's volume of 28,937 shares.The stock last traded at $8.03 and had previously closed at $7.98.
Analysts Set New Price Targets
Separately, Citigroup upgraded shares of MTN Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 26th.
Read Our Latest Stock Analysis on MTNOY
MTN Group Price Performance
The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.95 and a current ratio of 0.95. The business's 50-day moving average price is $7.13 and its two-hundred day moving average price is $6.31.
About MTN Group
(
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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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