MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $11.67, but opened at $12.28. MTN Group shares last traded at $12.27, with a volume of 1,705 shares changing hands.
MTN Group Stock Up 5.4%
The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.93 and a current ratio of 0.94. The business’s 50-day simple moving average is $13.09 and its 200-day simple moving average is $12.70.
About MTN Group
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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