MTN Group (OTCMKTS:MTNOY) Sets New 1-Year High – Still a Buy?

MTN Group Limited (OTCMKTS:MTNOYGet Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $7.04 and last traded at $6.79, with a volume of 7725 shares trading hands. The stock had previously closed at $6.89.

MTN Group Stock Down 1.5%

The company’s 50 day moving average price is $6.27 and its 200 day moving average price is $5.70.

MTN Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 24th. Shareholders of record on Friday, April 11th were issued a dividend of $0.1907 per share. The ex-dividend date of this dividend was Friday, April 11th. This is a boost from MTN Group’s previous dividend of $0.12.

About MTN Group

(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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