MTN Group (OTCMKTS:MTNOY) Shares Gap Up – Time to Buy?

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.

Analysts Set New Price Targets

Separately, Barclays reiterated an “underweight” rating on shares of MTN Group in a research 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. According to data from MarketBeat.com, MTN Group presently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on MTNOY

MTN Group Stock Performance

The business has a 50 day moving average price of $9.53 and a 200-day moving average price of $8.64.

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.

Further Reading

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