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MTN Group (OTCMKTS:MTNOY) Shares Gap Up - Still a Buy?

MTN Group logo with Computer and Technology background

MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $7.08, but opened at $7.33. MTN Group shares last traded at $7.33, with a volume of 222 shares changing hands.

MTN Group Stock Up 2.1%

The firm has a 50-day moving average price of $6.61 and a two-hundred day moving average price of $6.01. 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

(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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