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MTN Group (OTCMKTS:MTNOY) Sets New 12-Month High - Here's Why

MTN Group logo with Computer and Technology background

MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $8.31 and last traded at $8.31, with a volume of 179 shares. The stock had previously closed at $7.92.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded MTN Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 26th.

Get Our Latest Stock Analysis on MTN Group

MTN Group Stock Down 2.2%

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 firm has a 50-day moving average of $7.19 and a two-hundred day moving average of $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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