MTN Group (OTCMKTS:MTNOY) Shares Gap Up – Still a Buy?

Shares of MTN Group Ltd. (OTCMKTS:MTNOYGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $9.36, but opened at $9.74. MTN Group shares last traded at $9.77, with a volume of 17,581 shares.

Analyst Ratings Changes

Separately, Barclays reissued an “underweight” rating on shares of MTN Group in a report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, MTN Group presently has an average rating of “Moderate Buy”.

Get Our Latest Research Report on MTN Group

MTN Group Stock Performance

The company’s 50-day simple moving average is $9.53 and its 200-day simple moving average is $8.64.

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.

Further Reading

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