MTN Group Ltd. (OTCMKTS:MTNOY - Get Free Report)'s share price shot up 4.7% on Tuesday . The company traded as high as $7.50 and last traded at $7.47. 10,167 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 13,354 shares. The stock had previously closed at $7.14.
Wall Street Analysts Forecast Growth
Separately, Citigroup raised MTN Group to a "buy" rating in a research report on Thursday.
Check Out Our Latest Stock Report on MTN Group
MTN Group Stock Performance
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 stock's fifty day moving average is $6.84 and its two-hundred day moving average is $6.13.
MTN Group Company Profile
(
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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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