MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $12.40, but opened at $12.89. MTN Group shares last traded at $12.50, with a volume of 2,988 shares traded.
MTN Group Price Performance
The stock has a 50 day simple moving average of $12.78 and a two-hundred day simple moving average of $12.72. 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 Limited is a South African multinational telecommunications company headquartered in Johannesburg. Founded in 1994, the company has grown into a major provider of mobile communications and digital services across Africa and the Middle East.
MTN’s core activities include mobile voice and data services, broadband connectivity, digital content, and enterprise telecommunications solutions. Through its fintech operations, including the MoMo platform, the company also provides mobile money, payments, remittance, and related financial services in supported markets.
The group serves consumers, businesses, and public-sector organizations through operations in multiple countries, with a geographic focus on African markets and selected markets in the Middle East.
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