Shares of MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 51,057 shares changed hands during trading, an increase of 270% from the previous session’s volume of 13,794 shares.The stock last traded at $12.4850 and had previously closed at $12.49.
Analyst Ratings Changes
Separately, UBS Group began coverage on MTN Group in a report on Monday, March 23rd. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
Get Our Latest Research Report on MTNOY
MTN Group Stock Down 0.1%
MTN Group Company Profile
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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