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MTN Group (OTCMKTS:MTNOY) Reaches New 1-Year High - Should You Buy?

MTN Group logo with Computer and Technology background

MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report) reached a new 52-week high during trading on Wednesday . The company 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 shares of MTN Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 26th.

Get Our Latest Stock Analysis on MTNOY

MTN Group Trading Down 1.3%

The stock's fifty day moving average price is $7.24 and its 200 day moving average price is $6.38. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.48.

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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