MTN Group (OTCMKTS:MTNOY) Hits New 1-Year High – What’s Next?

MTN Group Ltd. (OTCMKTS:MTNOYGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $12.49 and last traded at $12.4650, with a volume of 4295 shares traded. The stock had previously closed at $12.16.

MTN Group Trading Up 2.2%

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

MTN Group Company Profile

(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.

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