MTN Group Ltd. (OTCMKTS:MTNOY – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $11.9940, but opened at $11.19. MTN Group shares last traded at $11.1850, with a volume of 827 shares trading hands.
MTN Group Trading Down 8.0%
The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.31. The company’s 50-day moving average is $12.44 and its 200 day moving average is $12.71.
About MTN Group
MTN Group Limited is a South Africa-based multinational telecommunications company that provides mobile communications and digital services across Africa and the Middle East. The group’s core activities include mobile voice and data connectivity, broadband, roaming, digital services, and enterprise communications solutions for consumers, businesses, and public-sector customers.
MTN also operates financial-technology services through its Mobile Money, or MoMo, platform, which supports services such as money transfers, payments, merchant transactions, and related digital financial products in selected markets.
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