MTN Group (MTNOY) Downgraded by ValuEngine to “Buy”

MTN Group (OTCMKTS:MTNOY) was downgraded by equities researchers at ValuEngine from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Monday.

OTCMKTS:MTNOY traded down $0.09 on Monday, hitting $9.60. The company’s stock had a trading volume of 38,783 shares, compared to its average volume of 23,371. MTN Group has a one year low of $8.38 and a one year high of $11.55.

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About MTN Group

MTN Group Limited operates in the telecommunications industry. It offers voice, data, access, virtual private network, and cloud solutions. The company also provides digital services, such as mobile money account; and entertainment services, including MTN Music and Play. As of December 31, 2017, the company had 217.2 million subscribers in 24 countries in Africa and the Middle East.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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