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MTN Group (OTCMKTS:MTNOY) Hits New 1-Year High - What's Next?

MTN Group logo with Computer and Technology background

MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $8.11 and last traded at $8.10, with a volume of 9612 shares. The stock had previously closed at $8.05.

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of MTN Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 26th.

Read Our Latest Stock Report on MTN Group

MTN Group Stock Down 1.2%

The firm's 50-day simple moving average is $6.97 and its 200-day simple moving average is $6.20. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.95 and a current ratio of 0.95.

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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