MTN Group (OTCMKTS:MTNOY) Hits New 1-Year High – Here’s What Happened

MTN Group Ltd. (OTCMKTS:MTNOYGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $12.51 and last traded at $12.51, with a volume of 467355 shares. The stock had previously closed at $10.70.

MTN Group Price Performance

The firm’s 50 day simple moving average is $9.80 and its 200-day simple moving average is $9.03.

About MTN Group

(Get Free Report)

MTN Group (OTCMKTS: MTNOY) is a multinational telecommunications company headquartered in Johannesburg, South Africa. Founded in the mid-1990s as Mobile Telephone Networks, the company has grown into one of the largest mobile network operators serving consumers, businesses and governments across Africa and the Middle East. MTN is listed on the Johannesburg Stock Exchange and also trades over‑the‑counter in the United States under the symbol MTNOY.

The company’s core activities include mobile voice and data services, fixed‑line and broadband offerings, and enterprise solutions such as cloud, connectivity and managed services.

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