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MTN Group (OTCMKTS:MTNOY) Sees Large Volume Increase - Should You Buy?

MTN Group logo with Computer and Technology background

MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report) saw an uptick in trading volume on Tuesday . 75,258 shares were traded 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 MTN Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 26th.

Check Out Our Latest Stock Report on MTN Group

MTN Group Trading Down 1.3%

The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.95. The business's fifty day simple moving average is $7.19 and its 200 day simple moving average is $6.33.

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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