MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report)'s share price traded down 1.6% on Wednesday . The stock traded as low as $7.96 and last traded at $8.01. 7,736 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 72,048 shares. The stock had previously closed at $8.15.
Wall Street Analysts Forecast Growth
Separately, Citigroup raised shares of MTN Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 26th.
Read Our Latest Stock Report on MTN Group
MTN Group Trading Down 2.6%
The stock's 50-day simple moving average is $7.52 and its 200 day simple moving average is $6.58. The company has a current ratio of 0.95, a quick 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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