MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.23 and traded as high as $7.98. MTN Group shares last traded at $7.94, with a volume of 9,123 shares changing hands.
Analyst Upgrades and Downgrades
Several brokerages have commented on MTNOY. Citigroup raised MTN Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, June 26th. Barclays restated an "underweight" rating on shares of MTN Group in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".
Read Our Latest Research Report on MTN Group
MTN Group Trading Down 0.7%
The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.48. The firm has a 50-day simple moving average of $8.45 and a 200-day simple moving average of $7.23.
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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