MTN Group (OTCMKTS:MTNOY) Hits New 52-Week High – Time to Buy?

MTN Group Ltd. (OTCMKTS:MTNOYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $12.49 and last traded at $12.4650, with a volume of 4295 shares. The stock had previously closed at $12.16.

MTN Group Price Performance

The company’s fifty day moving average price is $10.71 and its 200 day moving average price is $9.62.

About MTN Group

(Get Free Report)

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.

See Also

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.