MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $8.44 and last traded at $8.44, with a volume of 1675 shares trading hands. The stock had previously closed at $8.20.
Analysts Set New Price Targets
Separately, Citigroup raised shares of MTN Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, June 26th.
Get Our Latest Stock Report on MTN Group
MTN Group Stock Up 2.2%
The stock has a 50-day simple moving average of $7.63 and a 200-day simple moving average of $6.67. 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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