Shares of MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report) were down 7.6% during trading on Thursday. The company traded as low as $10.93 and last traded at $10.93. 1,232 shares traded hands during trading, a decline of 93% from the average daily volume of 18,098 shares. The stock had previously closed at $11.8240.
MTN Group Stock Performance
The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.31. The firm’s 50-day moving average is $12.37 and its 200 day moving average is $12.71.
MTN Group Company Profile
MTN Group Limited is a South Africa-based multinational telecommunications company that provides mobile communications and digital services across Africa and the Middle East. The group’s core activities include mobile voice and data connectivity, broadband, roaming, digital services, and enterprise communications solutions for consumers, businesses, and public-sector customers.
MTN also operates financial-technology services through its Mobile Money, or MoMo, platform, which supports services such as money transfers, payments, merchant transactions, and related digital financial products in selected markets.
Read More
- Five stocks we like better than MTN Group
- First Watch’s Growth Story Meets a Reality Check
- Down 50% and Climbing Again: 3 AI Stocks Rebuilding After Brutal Pullbacks
- Micron’s Earnings Reveal Why the AI Memory Boom May Last Longer
- Hobby Boom or Travel Bust? Here Are 3 Stocks to Ride the Trend
Receive News & Ratings for MTN Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MTN Group and related companies with MarketBeat.com's FREE daily email newsletter.
