MTN Group (OTCMKTS:MTNOY) Reaches New 12-Month High – Time to Buy?
by Renee Jackson · The Cerbat GemMTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $11.77 and last traded at $11.49, with a volume of 19729 shares traded. The stock had previously closed at $11.54.
MTN Group Stock Down 0.4%
The firm has a 50 day moving average price of $10.17 and a two-hundred day moving average price of $9.33.
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.