MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report)’s share price fell 5.4% during mid-day trading on Tuesday . The company traded as low as $12.0350 and last traded at $12.0350. Approximately 6,894 shares were traded during trading, a decline of 54% from the average daily volume of 14,897 shares. The stock had previously closed at $12.72.
MTN Group Trading Down 1.2%
The stock has a fifty day moving average of $13.54 and a 200 day moving average of $12.67. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.31.
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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