Shares of MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report) hit a new 52-week high during mid-day 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.
Analyst Ratings Changes
Separately, Citigroup upgraded MTN Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 26th.
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MTN Group Stock Up 2.9%
The firm has a 50 day moving average price of $7.16 and a two-hundred day moving average price of $6.32. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.95 and a current ratio of 0.95.
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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