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MTN Group (OTCMKTS:MTNOY) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

MTN Group logo with Computer and Technology background

MTN Group Limited (OTCMKTS:MTNOY - Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.14 and traded as low as $6.06. MTN Group shares last traded at $6.13, with a volume of 3,771 shares changing hands.

MTN Group Stock Performance

The company's 50 day simple moving average is $6.16 and its two-hundred day simple moving average is $5.49.

MTN Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 24th. Investors of record on Friday, April 11th were issued a $0.1907 dividend. The ex-dividend date of this dividend was Friday, April 11th. This is an increase from MTN Group's previous dividend of $0.12.

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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