MTN Group (OTCMKTS:MTNOY) Shares Gap Up – What’s Next?

MTN Group Ltd. (OTCMKTS:MTNOYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $7.48, but opened at $7.86. MTN Group shares last traded at $7.85, with a volume of 2,731 shares.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded MTN Group from a “hold” rating to a “strong-buy” rating in a report on Thursday.

Check Out Our Latest Report on MTNOY

MTN Group Price Performance

The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.95 and a current ratio of 0.95. The company has a 50 day moving average price of $6.88 and a 200 day moving average price of $6.16.

MTN Group Company Profile

(Get Free Report)

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, digital and fintech, interconnect, and roaming services, as well as sells mobile devices.

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