Shares of MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $9.87 and last traded at $9.80, with a volume of 1779 shares. The stock had previously closed at $9.32.
Wall Street Analysts Forecast Growth
Separately, Citigroup upgraded MTN Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 26th.
Read Our Latest Research Report on MTNOY
MTN Group Stock Performance
The company has a 50 day simple moving average of $7.94 and a 200-day simple moving average of $6.87. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.48.
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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