MTN Group (OTCMKTS:MTNOY) Shares Pass Below Fifty Day Moving Average of $4.79

Shares of MTN Group Limited (OTCMKTS:MTNOYGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $4.79 and traded as low as $4.79. MTN Group shares last traded at $4.83, with a volume of 12,577 shares changing hands.

MTN Group Price Performance

The company’s fifty day moving average price is $4.80 and its 200 day moving average price is $5.16. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.37.

MTN Group Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, May 2nd. Stockholders of record on Friday, April 19th were issued a $0.1227 dividend. The ex-dividend date of this dividend was Thursday, April 18th.

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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