Shares of MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $11.87 and traded as low as $11.72. MTN Group shares last traded at $11.83, with a volume of 34,090 shares trading hands.
MTN Group Stock Performance
The business’s fifty day moving average price is $11.87 and its 200 day moving average price is $12.69.
About MTN Group
MTN Group Limited is a South African multinational telecommunications company headquartered in Johannesburg. Founded in 1994, the company provides mobile communications and digital services across markets in Africa and the Middle East under the MTN brand.
Its principal services include mobile voice and messaging, data connectivity, broadband, roaming, and related digital products. MTN also offers mobile financial services through MoMo, including digital payments, money transfers, and other financial solutions, as well as enterprise connectivity and information and communications technology services for businesses and organizations.
MTN Group serves consumers, businesses, and public-sector customers through mobile and fixed-network infrastructure, retail channels, and digital platforms.
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